Cyber Risk for the Financial Sector A Framework for Quantitative Assessment is popular PDF and ePub book, written by Antoine Bouveret in 2018-06-22, it is a fantastic choice for those who relish reading online the Computers genre. Let's immerse ourselves in this engaging Computers book by exploring the summary and details provided below. Remember, Cyber Risk for the Financial Sector A Framework for Quantitative Assessment can be Read Online from any device for your convenience.

Cyber Risk for the Financial Sector A Framework for Quantitative Assessment Book PDF Summary

Cyber risk has emerged as a key threat to financial stability, following recent attacks on financial institutions. This paper presents a novel documentation of cyber risk around the world for financial institutions by analyzing the different types of cyber incidents (data breaches, fraud and business disruption) and identifying patterns using a variety of datasets. The other novel contribution that is outlined is a quantitative framework to assess cyber risk for the financial sector. The framework draws on a standard VaR type framework used to assess various types of stability risk and can be easily applied at the individual country level. The framework is applied in this paper to the available cross-country data and yields illustrative aggregated losses for the financial sector in the sample across a variety of scenarios ranging from 10 to 30 percent of net income.

Detail Book of Cyber Risk for the Financial Sector A Framework for Quantitative Assessment PDF

Cyber Risk for the Financial Sector  A Framework for Quantitative Assessment
  • Author : Antoine Bouveret
  • Release : 22 June 2018
  • Publisher : International Monetary Fund
  • ISBN : 9781484352564
  • Genre : Computers
  • Total Page : 29 pages
  • Language : English
  • PDF File Size : 20,6 Mb

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