Cyberinsurance in IT Security Management

  • Authors:
  • Walter S. Baer;Andrew Parkinson

  • Affiliations:
  • Annenberg Center for Communication;RAND Europe

  • Venue:
  • IEEE Security and Privacy
  • Year:
  • 2007

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Abstract

Cyberinsurance to cover losses and liabilities from network or information security breaches can provide incentives for security investments that reduce risk. Although cyberinsurance has evolved, industry has been slow to adopt it as a risk management tool.