报告题目：Cybersecurity Insurance: Modeling and Pricing
Cybersecurity has become a problem that is threatening the economy, human privacy, and even national security. The cybersecurity insurance, which is designed to mitigate losses from a variety of cyber incidents, including data breaches, business interruption, and network damage, has received much attention recently. However, the contributions to modeling the cybersecurity risk in the literature are largely descriptive, which is mainly because the cyber risk is very different from the traditional financial risks. The significant property that distinguishes cyber risk from the conventional risk is that information and communication technology resources are interconnected in a network, and therefore the analysis of risk and its related potential losses needs to take into the network topology.
In this talk, we will discuss the challenges in modeling the cybersecurity risks including the high-dimensional dependence, and cyber epidemic spreading. The pricing strategy for the insurance companies based on the proposed epidemic spreading model and related simulation will be discussed as well.
This is a joint work with Dr. Lei Hua from Northern Illinois University.
徐茂超博士于2006年在兰州大学数学与统计学院获得硕士学位，2010年在美国波特兰州立大学获得统计学博士学位。现为美国伊利诺伊州立大学数学系终身教授、副教授。他是国家青年学者，曾获得伊利诺伊州立大学杰出科研奖。研究方向包括应用统计、信息安全、网络安全保险等，近年来相关研究的成果均发表于Technometrics，IEEE Transactions on Information Forensics and Security，IISE Transactions 等国际顶级期刊。