MAGIC: A Method for Assessing Cyber Incidents Occurrence. (arXiv:2206.11586v1 [cs.CR])

The assessment of cyber risk plays a crucial role for cybersecurity
management, and has become a compulsory task for certain types of companies and
organizations. This makes the demand for reliable cyber risk assessment tools
continuously increasing, especially concerning quantitative tools based on
statistical approaches. Probabilistic cyber risk assessment methods, however,
follow the general paradigm of probabilistic risk assessment, which requires
the magnitude and the likelihood of incidents as inputs. Unfortunately, for
cyber incidents, the likelihood of occurrence is hard …

cyber incidents magic