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HICSS
2007
IEEE

E-Risk Management through Self Insurance: An Option Model

13 years 10 months ago
E-Risk Management through Self Insurance: An Option Model
e-business organizations are under constant threat of their business being disrupted by hackers, viruses and a host of malicious attackers. This would lead to loses to the tune of millions. To ensure self— protection, they spend millions of dollars on firewalls, anti-virus, intrusion detection systems, digital signature and encryption. Nonetheless, a new virus or a clever hacker can easily compromise these deterrents. Organizations should resort to self e-risk insurance as a supplementary mechanism to reduce these individual financial losses. We propose in this paper two option modes for self- e-risk insurance, for hedging e-risk. The first is an exchange traded model, comprising of a long asset, long put and short call. The second is an over the counter model using a long call.
Arunabha Mukhopadhyay, Binay Bhushan, Debashis Sah
Added 02 Jun 2010
Updated 02 Jun 2010
Type Conference
Year 2007
Where HICSS
Authors Arunabha Mukhopadhyay, Binay Bhushan, Debashis Saha, Ambuj Mahanti
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