Mathematical Model to Estimate Loss by Cyber Incident in Japan

Michihiro Yamada, Hiroaki Kikuchi, Naoki Matsuyama, Koji Inui

2019

Abstract

There is a great demand from the viewpoint of security insurance to calculate the value of damage due to leakage of personal information. The Japan Network Security Association(JNSA) proposed a model to calculate the damage compensation amount. However, the coefficient was determined by experts’ subjective evaluations for which there is no basis. We propose a new mathematical model by applying multiple regression using cyber incident records and information such as enterprise size as explanatory variables and the value of extraordinary losses to a company as a target variable. We apply the damage model to 15,000 cyber incidents, compare the two models’ loss amounts, and consider the relationship between them.

Paper Citation

in Harvard Style

Yamada M., Kikuchi H., Matsuyama N. and Inui K. (2019). Mathematical Model to Estimate Loss by Cyber Incident in Japan.In Proceedings of the 5th International Conference on Information Systems Security and Privacy - Volume 1: ICISSP, ISBN 978-989-758-359-9, pages 353-360. DOI: 10.5220/0007368503530360

in Bibtex Style

@conference{icissp19,
author={Michihiro Yamada and Hiroaki Kikuchi and Naoki Matsuyama and Koji Inui},
title={Mathematical Model to Estimate Loss by Cyber Incident in Japan},
booktitle={Proceedings of the 5th International Conference on Information Systems Security and Privacy - Volume 1: ICISSP,},
year={2019},
pages={353-360},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007368503530360},
isbn={978-989-758-359-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 5th International Conference on Information Systems Security and Privacy - Volume 1: ICISSP,
TI - Mathematical Model to Estimate Loss by Cyber Incident in Japan
SN - 978-989-758-359-9
AU - Yamada M.
AU - Kikuchi H.
AU - Matsuyama N.
AU - Inui K.
PY - 2019
SP - 353
EP - 360
DO - 10.5220/0007368503530360