The Cyber Insurance Emperor Has No Clothes

Presented at BSidesSF 2017, Feb. 12, 2017, 3:30 p.m. (30 minutes).

Conventional wisdom: cyber insurance improves incentives and if everybody had it we would get better security. Wrong! Taking a behavioral view (e.g. how decision are made), this talk describes ten ways that cyber insurance is a misfit for the 'job to be done', and suggests better incentive instruments.


Presenters:

  • Russell C. Thomas - Data Scientist, PhD candidate - A financial firm
    Data Scientist at a large bank and PhD Candidate in Computational and Data Sciences at George Mason University. Focus: risk analysis, innovation ecosystem analysis, and Agent-based Modeling (ABM). Shameless crosser of boundaries and mixer of metaphors.

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