CYBECO will research, develop, demonstrate, evaluate and exploit a new framework for managing cybersecurity risks, one that is focusing on cyberinsurance, as key risk management treatment.
CYBECO aims to advance beyond the state-of-the-art in several fields including cyber security, cyber insurance and Adversarial Risk Analysis (ARA).
CYBECO focuses on two aspects of choice behaviour in relation to cybersecurity and cyber insurance.
CYBECO will have a significant impact on information security investments, on the societal understanding of information security failures and how they should be addressed by properly incorporating intentionality into risk models and facilitating understanding of cyber security failures.
The main objective of CYBECO is to develop new mathematical models that provide tools and products, specifically insurance premiums, that help the deployment of more secure communication systems and networks.