| Title | A Functional Approach to Cyber Risk Assessment |
| Publication Type | Conference Paper |
| Year of Publication | 2021 |
| Authors | Rafaiani, Giulia, Battaglioni, Massimo, Baldi, Marco, Chiaraluce, Franco, Libertini, Giovanni, Spalazzi, Luca, Cancellieri, Giovanni |
| Conference Name | 2021 AEIT International Annual Conference (AEIT) |
| Date Published | oct |
| Keywords | Complexity theory, cyber risk assessment, Estimation, human factors, Information security, logistic function, Logistics, Metrics, Organizations, pubcrawl, quantitative methods, resilience, risk management, Scalability, Security Risk Estimation, Tools |
| Abstract | Information security has become a crucial issue not only from the technical standpoint, but also from the managerial standpoint. The necessity for organizations to understand and manage cyber risk has led to the rise of a plethora of risk assessment methods and tools. These approaches are often difficult to interpret and complex to manage for organizations. In this paper, we propose a simple and quantitative method for the estimation of the likelihood of occurrence of a cyber incident. Our approach uses a generalized logistic function and a cumulative geometric distribution to combine the maturity and the complexity of the technical infrastructure of an organization with its attractiveness towards cyber criminals. |
| DOI | 10.23919/AEIT53387.2021.9626970 |
| Citation Key | rafaiani_functional_2021 |
A Functional Approach to Cyber Risk Assessment