To see the graphic version (HTML) of this email, click the following link, or copy the link into your browser.< https://newsletter.wifo.ac.at/sys/w.aspx?sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj&mid=f885714f > WIFO Research Seminar: "Quantifying Cyber Risk" ------------------------------------------------------------- ------------------------------------------------------------- Dear Sir or Madam, WIFO cordially invites you to the next online date of the WIFO Research Seminar: Monday, May 31, 2021, 1:30 p.m. Online appointment via Microsoft teams: Participation Link Rainer Böhme (University of Innsbruck) "Quantifying Cyber Risk" Research question(s): How much harm results from cyber incidents? Which security interventions effectively reduce harm? Have these answers changed over time? Approach: Systematization of the empirical literature in several disciplines Data: Stock markets, financial disclosures, insurance claims, news reports (breach disclosures), technical measurements, survey responses Main result(s): Studies disagree on the harm resulting from cyber incidents Omitted variables and sampling biases cast doubt on many results Indicators of exposure explain more variance than indicators of preventive security Very little is known about systemic cyber risk Policy implication(s): The market can handle individual cyber losses, but externalities creating systemic cyber risk require policy attention. Statistical institutes should extend the collection of cyber risk indicators on a representative basis. Working paper: https://informationsecurity.uibk.ac.at/pdfs/WB2020_sok_cyberrisk_snp.pdf < https://newsletter.wifo.ac.at/sys/r.aspx?sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj&link=rzHs > To import this lecture into your calendar, please click here < https://newsletter.wifo.ac.at/sys/r.aspx?sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj&link=qAhm&mid=f885714f > . We look forward to welcoming you for this lecture! _____________________________________________ Agnes Kügler (Moderatorin/Chair) WIFO - Österreichisches Institut für Wirtschaftsforschung Arsenal, Objekt 20 1030 Wien Tel.: +43 (1) 798 26 01-303 Fax: +43 (1) 798 93 86 Web: http://www.wifo.ac.at E-Mail: Agnes.Kuegler@wifo.ac.at © 2021 Österreichisches Institut für Wirtschaftsforschung 1030 Wien, Arsenal, Objekt 20 Impressum < https://newsletter.wifo.ac.at/sys/r.aspx?sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj&link=qAhq > | AGB < https://newsletter.wifo.ac.at/sys/r.aspx?sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj&link=qAhr > | Datenschutzerklärung < https://newsletter.wifo.ac.at/sys/r.aspx?sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj&link=qAhp > Tel.: +43 (0) 1 798 26 01-0 Fax: + 43 (0) 1 798 93 86 E-Mail: veranstaltungen@wifo.ac.at ------------------------------------------------------------- Change personal data:< https://newsletter.wifo.ac.at/sys/r.aspx?sl=1vB&mid=f885714f&sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj > ------------------------------------------------------------- Forward:< https://newsletter.wifo.ac.at/sys/r.aspx?sl=1nh&mid=f885714f&sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj > ------------------------------------------------------------- Unsubscribe newsletter:< https://newsletter.wifo.ac.at/sys/r.aspx?sl=1vC&mid=f885714f&sub=19XlaF_4yaM59&tid=1-1wgee2-3LBQj > -------------------------------------------------------------