Accession Number : ADA623798


Title :   Cyber Insurance - Managing Cyber Risk


Descriptive Note : Final rept.


Corporate Author : INSTITUTE FOR DEFENSE ANALYSES ALEXANDRIA VA


Personal Author(s) : Fauntleroy, J C ; Wagner, Ryan R ; Odell, Laura A


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/a623798.pdf


Report Date : Apr 2015


Pagination or Media Count : 14


Abstract : This paper provides an overview of the components of cyber insurance, discusses the role of the government, and examines specific implications to the Department of Defense. Data breaches involving significant personal information losses and financial impacts are becoming increasingly common. Increasingly, companies are being held liable for these losses, which have financial implications for customers and business partners or result in the loss of private information. Claims of hundreds of millions of dollars are being amassed depending on the type and size of the breach. As a result, the insurance industry is experiencing a sharp increase in demand for cyber insurance offerings to businesses.


Descriptors :   *COMPUTER SECURITY , INFORMATION SECURITY , INSURANCE


Subject Categories : Administration and Management
      Economics and Cost Analysis
      Computer Systems Management and Standards


Distribution Statement : APPROVED FOR PUBLIC RELEASE