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Supporting Cyberinsurance from a Behavioural Choice Perspective

Objective

CYBECO will research, develop, demonstrate, evaluate and exploit a new framework for managing cybersecurity risks, one that is focusing on cyberinsurance, as key risk management treatment. CYBECO integrates multidisciplinary research methods from Behavioural Economics, Statistics, Game and Decision Theory, Security Engineering and Behavioral Psychology in order to develop new concepts and models that are combined within a prototype software architecture (CYBECO Toolbox 2.0). CYBECO recognizes that the cyberinsurance domain is not adequately developed, partly due to the lack of sufficiently large statistical data sample and partly due to the difficulties customers face when deciding on their cyberinsurance investment options. CYBECO will address both these barriers, aiming at delivering advances clearly positioned beyond the State-of-the-Art. We plan to implement a prototype tool that will demonstrate and promote the CYBECO model and concepts. We then foresee to perform behavioural experiments to validate current institutional cybersecurity frameworks and to provide relevant policy insights, particularly in reference to behavioural nudges in cybersecurity. The CYBECO consortium is composed by complementary partners, coming from the addressed research, technological and market domains, that have a proven track record of high quality research capacity. Thus, the carefully structured workplan, embodies a holistic approach towards meeting the CYBECO objectives and delivering market-relevant outcomes of significant exploitation potential.

Field of science

  • /natural sciences/computer and information sciences/computer security
  • /natural sciences/biological sciences/ecology/ecosystems
  • /social sciences/sociology/governance/crisis management
  • /social sciences/psychology/behavioural psychology
  • /social sciences/economics and business/economics
  • /natural sciences/computer and information sciences/software/software development/software architecture

Call for proposal

H2020-DS-SC7-2016
See other projects for this call

Funding Scheme

RIA - Research and Innovation action

Coordinator

TREK ANAPTYKSIAKON IPODOMON KE IPIRESION ANONIMI ETERIA
Address
32 Perikleous
15232 Chalandri N Attikis
Greece
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 276 875

Participants (6)

AGENCIA ESTATAL CONSEJO SUPERIOR DEINVESTIGACIONES CIENTIFICAS
Spain
EU contribution
€ 251 250
Address
Calle Serrano 117
28006 Madrid
Activity type
Research Organisations
INTRASOFT INTERNATIONAL SA
Luxembourg
EU contribution
€ 341 750
Address
Rue Nicolas Bove 2B
1253 Luxembourg
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
DEVSTAT SERVICIOS DE CONSULTORIA ESTADISTICA SL
Spain
EU contribution
€ 297 875
Address
Avenida Baron De Carcer 26 Entresuelo
46001 Valencia
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
AXA TECHNOLOGY SERVICES
France
EU contribution
€ 232 500
Address
76 Route De La Demi Lune
92057 Paris
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
TECHNISCHE UNIVERSITEIT DELFT
Netherlands
EU contribution
€ 354 232,50
Address
Stevinweg 1
2628 CN Delft
Activity type
Higher or Secondary Education Establishments
UNIVERSITY OF NORTHUMBRIA AT NEWCASTLE
United Kingdom
EU contribution
€ 229 027,50
Address
Sutherland Building College Street
NE1 8ST Newcastle Upon Tyne
Activity type
Higher or Secondary Education Establishments