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SECONDO: A platform for cybersecurity investments and cyber insurance decisions

SECONDO: A platform for cybersecurity investments and cyber insurance decisions

Farao, Aristeidis, Panda, Sakshyam, Menesidou, Sofia Anna, Veliou, Entso, Episkopos, Nikolaos, Kalatzantonakis, George, Mohammadi, Farnaz, Georgopoulos, Nikolaos, Sirivianos, Michael, Salamanos, Nikos, Loizou, Spyros, Pingos, Michalis, Polley, John, Fielder, Andrew, Panaousis, Emmanouil ORCID: 0000-0001-7306-4062 and Xenakis, Christos (2020) SECONDO: A platform for cybersecurity investments and cyber insurance decisions. In: Gritzalis, Stefanos, Weippl, Edgar R., Kotsis, Gabriele, Tjoa, A. Min and Khalil, Ismail, (eds.) Trust, Privacy and Security in Digital Business: Proceedings of the 17th International Conference, TrustBus 2020, Bratislava, Slovakia, September 14–17, 2020. Lecture Notes in Computer Science book series (LNCS) (12395). Springer Nature, Cham, Switzerland, pp. 65-74. ISBN 978-3030589851 (doi:https://doi.org/10.1007/978-3-030-58986-8_5)

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Abstract

This paper represents the SECONDO framework to assist organizations with decisions related to cybersecurity investments and cyber-insurance. The platform supports cybersecurity and cyber-insurance decisions by implementing and integrating a number of software components. SECONDO operates in three distinct phases: (i) cyber-physical risk assessment and continuous monitoring; (ii) investment-driven optimized cyber-physical risk control; and (iii) blockchain-enabled cyber-insurance contract preparation and maintenance. Insurers can leverage SECONDO functionalities to actively participate in the management of cyber-physical risks of a shipping company to reduce their insured risk.

Item Type: Book Section
Uncontrolled Keywords: Cyber insurance, Security economics
Subjects: Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Faculty / Department / Research Group: Faculty of Liberal Arts & Sciences
Faculty of Liberal Arts & Sciences > Internet of Things and Security (ISEC)
Faculty of Liberal Arts & Sciences > School of Computing & Mathematical Sciences (CAM)
Last Modified: 26 Nov 2020 22:34
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
Selected for REF2021: None
URI: http://gala.gre.ac.uk/id/eprint/29919

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