What question did this study set out to answer?

To review the existing research landscape surrounding cyber risk and cyber risk insurance and outline future research priorities for academic and practical applications.

November 21, 2016The Journal of Risk Finance

What do we know about cyber risk and cyber risk insurance?

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Authors

MEMartin ElingUniversity of St.Gallen WSWerner SchnellUniversity of St.Gallen

Discussion

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Implication

Literature review uncovers severe insurability hurdles for corporate cyber risk, highlighting the need for data pooling and public–private partnerships.

Key Points

To review the existing research landscape surrounding cyber risk and cyber risk insurance and outline future research priorities for academic and practical applications.
Conducted a structured, standardized literature search across academic publications to identify research on cyber risk and insurance.
Compiled and synthesized a final corpus of 209 papers, categorizing the findings into seven distinct thematic clusters.
Identified substantial barriers to cyber insurability, driven by a lack of historical data, immature modeling approaches, rapidly evolving threat landscapes, and severe systemic accumulation risks.
Highlighted structural mechanisms to improve market viability, including mandatory breach notification rules, cross-industry data pooling, and government-backed risk-sharing partnerships.

Cite This Study

Eling et al. (2016) studied this question.

synapsesocial.com/papers/69d9aeb9387cf70698685145 https://doi.org/10.1108/jrf-09-2016-0122

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Implication

Literature review uncovers severe insurability hurdles for corporate cyber risk, highlighting the need for data pooling and public–private partnerships.

What do we know about cyber risk and cyber risk insurance?

Discussion

Member takes

Implication

Key Points

Cite This Study

What do we know about cyber risk and cyber risk insurance?

Discussion

Member takes

Implication

Key Points

Cite This Study

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