On the Role of Risk Perceptions in Cyber Insurance Contracts. (arXiv:2210.15010v1 [cs.CR])

Risk perceptions are essential in cyber insurance contracts. With the recent
surge of information, human risk perceptions are exposed to the influences from
both beneficial knowledge and fake news. In this paper, we study the role of
the risk perceptions of the insurer and the user in cyber insurance contracts.
We formulate the cyber insurance problem into a principal-agent problem where
the insurer designs the contract containing a premium payment and a coverage
plan. The risk perceptions of the insurer …

cyber cyber insurance insurance risk role