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Future developments in cyber risk assessment for the internet of things

Abstract:

This article is focused on the economic impact assessment of Internet of Things (IoT) and its associated cyber risks vectors and vertices – a reinterpretation of IoT verticals. We adapt to IoT both the Cyber Value at Risk model, a well-established model for measuring the maximum possible loss over a given time period, and the MicroMort model, a widely used model for predicting uncertainty through units of mortality risk. The resulting new IoT MicroMort for calculating IoT risk is tested and v...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1016/j.compind.2018.08.002

Authors


More by this author
Institution:
University of Oxford
Division:
MPLS
Department:
Engineering Science
Sub department:
Oxford e-Research Centre
Role:
Author
ORCID:
0000-0001-5629-6857
More by this author
Institution:
University of Oxford
Division:
MPLS Division
Department:
Engineering Science
Role:
Author
Publisher:
Elsevier Publisher's website
Journal:
Computers in Industry Journal website
Volume:
102
Pages:
14-22
Publication date:
2018-08-17
Acceptance date:
2018-08-06
DOI:
ISSN:
0166-3615
Language:
English
Keywords:
Pubs id:
pubs:901859
UUID:
uuid:cf2feb4f-1fb2-4780-815e-41b4d8cbfd25
Local pid:
pubs:901859
Source identifiers:
901859
Deposit date:
2018-08-09

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