Cyber Risk Modelling and Insurance

Dear Colleagues,

As digital ecosystems continue to evolve, cyber risks pose increasing threats to both society and businesses. At the same time, traditional cyber risk models are being challenged by emerging developments such as generative artificial intelligence and growing cloud dependency. In this regard, the insurance industry, as a professional risk manager, faces significant challenges in enhancing its underwriting capacity for cyber risks. This Special Issue aims to explore the intersection of advanced cyber risk modeling and the rapidly evolving landscape of cyber insurance. We invite submissions that can address the development of robust frameworks for quantifying cyber risks, empirical and theoretical analyses of the effectiveness of cyber risk management strategies, and innovative approaches to cyber risk transfer.

Relevant topics include, but are not limited to, the following:

• AI-driven evolution of cyber risks and corresponding risk management strategies;
• The effectiveness of cyber risk control measures and their impact on cyber loss frequency and severity;
• Systemic cyber risk and contagion mechanisms;
• Dynamic pricing and reserving models for cyber insurance;
• Alternative cyber risk transfer and the limitations of traditional cyber insurance markets;
• The role of cyber insurance in promoting corporate cybersecurity and risk management standards;
• Innovative underwriting approaches for intangible asset protection and cyber-related business interruption;
• Behavioral aspects of cyber risk, including moral hazard and adverse selection in cyber insurance markets;
• Optimal cyber risk retention and transfer strategies for small and medium-sized enterprises (SMEs);
• Public–private partnership in managing cyber risks arising from state-sponsored attacks.

Dr. Kwangmin Jung
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 250 words) can be sent to the Editorial Office for assessment.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Risks is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.