Modelling Cyber-Risk in an Economic Perspective

Abstract

In this paper, we present a theoretical approach concerning the econometric modelling for the estimation of cyber-security risk, with the use of time-series analysis methods and alternatively with Machine Learning (ML) based, deep learning methodology. Also we present work performed in the framework of SAINT H2020 Project [1], concerning innovative data mining techniques, based on automated web scrapping, for the retrieving of the relevant time-series data. We conclude with a review of emerging challenges in cyber-risk assessment brought by the rapid development of adversarial AI.