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Discussion on Existing problems and Countermeasures of Cyber-securityinsurance

Discussion on Existing problems and Countermeasures of Cyber-securityinsurance 

Jianqiang GU 

School of Economics and Management, Southeast University, Nanjing, CHINA 


Abstract: Hackers can continue to find new vulnerabilities in information system, so the current rely solely on technology cannot completely eliminate the information system security risk. One new tool is the use of recently developed cyber-security-insurance to hedge its potential losses from cyber crime and shift risks of information security. This paper discusses the existing problems of the cyber-security-insurance and gives some relative countermeasures to solve these problems. 

Keywords: Cyber Security; Insurance; Interdependent Risk; Moral Hazard; Countermeasure