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Investing in Prevention or Paying for Recovery - Attitudes to Cyber Risk

  • Anna Cartwright
  • , Edward Cartwright
  • , Lian Xue
    • De Montfort University
    • Wuhan University

    Research output: Chapter in Book/Report/Conference proceedingConference proceedingpeer-review

    130 Downloads (Pure)

    Abstract

    Broadly speaking an individual can invest time and effort to avoid becoming victim to a cyber attack and/or they can invest resource in recovering from any attack. We introduce a new game called the prevention and recovery game to study this trade-off. We report results from the experimental lab that allow us to categorize different approaches to risk taking. We show that many individuals appear relatively risk loving in that they invest in recovery rather than prevention. We find little difference in behavior between a gain and loss framing.
    Original languageEnglish
    Title of host publicationDecision and Game Theory for Security - 10th International Conference, GameSec 2019, Proceedings
    EditorsTansu Alpcan, Yevgeniy Vorobeychik, John S. Baras, György Dán
    PublisherSpringer
    Pages135-151
    Number of pages17
    ISBN (Print)9783030324292, 9783030324308
    DOIs
    Publication statusE-pub ahead of print - 23 Oct 2019
    Event10th Conference on Decision and Game Theory for Security - Stockholm, Sweden
    Duration: 30 Oct 20191 Nov 2019
    https://www.gamesec-conf.org/

    Publication series

    NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
    Volume11836 LNCS
    ISSN (Print)0302-9743
    ISSN (Electronic)1611-3349

    Conference

    Conference10th Conference on Decision and Game Theory for Security
    Abbreviated titleGameSec 2019
    Country/TerritorySweden
    CityStockholm
    Period30/10/191/11/19
    Internet address

    Keywords

    • Cyber-security
    • Insurance
    • Ransomware
    • Recovery
    • Risk aversion

    ASJC Scopus subject areas

    • Theoretical Computer Science
    • General Computer Science

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