How cyber insurance influences the ransomware payment decision: theory and evidence

Author:

Cartwright AnnaORCID,Cartwright EdwardORCID,MacColl Jamie,Mott GarethORCID,Turner SarahORCID,Sullivan James,Nurse Jason R. C.ORCID

Funder

National Cyber Security Center

Research Institute in Sociotechnical Cyber Security

Publisher

Springer Science and Business Media LLC

Subject

Economics and Econometrics,Finance,General Business, Management and Accounting,Accounting

Reference49 articles.

1. Agrafiotis, I., J.R.C. Nurse, M. Goldsmith, S. Creese, and D. Upton. 2018. A taxonomy of cyber-harms: Defining the impacts of cyber-attacks and understanding how they propagate. Journal of Cybersecurity 4 (1): tyy006.

2. Ahnert, T., M. Brolley, D.A. Cimon, and R. Riordan. 2022. Do you know where your data sleeps at night? cyber security and ransomware in financial markets. Cyber Security and Ransomware in Financial Markets. Accessed 14 March 2022.

3. Bajak, F. 2021. Cyber insurance industry in crosshairs of ransomware criminals. Insurance Journal. https://www.insurancejournal.com/news/national/2021/07/07/621416.htm.

4. Balasubramanian, A. 2021. Insurance against ransomware. Available at SSRN 3846111.

5. Beck, C., and B. Fleisher. 2021. Does it ever make sense for firms to pay ransomware criminals? Insurance Journal. https://www.insurancejournal.com/news/international/2021/07/08/620508.htm.

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