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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:

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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 / School / Research Centre / Research Group: Faculty of Engineering & Science > Internet of Things and Security Research Centre (ISEC)
Faculty of Engineering & Science > School of Computing & Mathematical Sciences (CMS)
Faculty of Engineering & Science
Last Modified: 04 Mar 2022 13:06

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