لخّصلي

خدمة تلخيص النصوص العربية أونلاين،قم بتلخيص نصوصك بضغطة واحدة من خلال هذه الخدمة

نتيجة التلخيص (100%)

Challenge 6: Incentivising Negative Behaviours
There is a possibility that cyber insurance may be actively encouraging negative behaviours for both businesses and cybercriminals. In terms of businesses, the empirical evidence collected as part of this paper highlights that the moral hazard phenomenon is not occurring at scale with cyber insurance. However, cyber insurers may be unintentionally facilitating the behaviour of cybercriminals by contributing to the growth of targeted ransomware operations.
The Moral Hazard
Some theoretical studies have argued that organisations are less likely to invest in risk prevention if they think that their cyber insurance policy will resolve (and/or cover the cost of) an incident
anyway. This phenomenon is known as the ‘moral hazard’.208 For boards or senior management
not inclined to defer to cyber security practitioners, cyber insurance could be viewed as a
replacement for more costly cyber security measures.209 If widespread, this could outweigh the
potential positive benefits of cyber insurance by actively encouraging insecure practices and
behaviours. It could also drive up insurance premiums, placing an increased financial burden on
companies who do invest in cyber security and practice secure behaviours.210
However, research for this paper did not find strong empirical evidence indicating that the
moral hazard is a significant issue for cyber insurance. While some insurers did suggest they
had seen instances of businesses – particularly SMEs – treat cyber insurance as a substitute for
increasing investment in cyber security,211 most interviewees suggested that while the moral
hazard could potentially occur, it is not often seen. This chimes with findings from DCMS’s ‘Cyber
Security Breaches Survey 2019’, which suggested that organisations consider cyber insurance
as complementary to – rather than a substitute for – other forms of cyber risk management.212
This is primarily because cyber insurance policies do not cover all the potential impacts of cyber risk.
For instance, financial coverage from a cyber insurance policy will not cover long-term reputational
costs that can result from a data breach or ransomware attack, particularly if customer data is
affected.213 As one financial services provider stressed, ‘there’s no amount of cyber insurance
pay-out that can remedy a severe loss of reputation’.214 While this argument rests to some extent
on the assumption that policyholders understand cyber risk, purchasers of cyber insurance do
appear to have a greater understanding of the economic impacts of cyber incidents.215 Moreover,
the moral hazard issue may be attenuated by some of the scepticism around cyber insurance –
specifically, that financial limits are too low to cover the costs of an incident and that organisations
are not certain their policy will pay out.216
In sum, the moral hazard – as theoretically conceived – is not a significant challenge for the
cyber insurance sector, at least no more so than it is for other insurance lines.


النص الأصلي

Challenge 6: Incentivising Negative Behaviours
There is a possibility that cyber insurance may be actively encouraging negative behaviours for both businesses and cybercriminals. In terms of businesses, the empirical evidence collected as part of this paper highlights that the moral hazard phenomenon is not occurring at scale with cyber insurance. However, cyber insurers may be unintentionally facilitating the behaviour of cybercriminals by contributing to the growth of targeted ransomware operations.
The Moral Hazard
Some theoretical studies have argued that organisations are less likely to invest in risk prevention if they think that their cyber insurance policy will resolve (and/or cover the cost of) an incident
anyway. This phenomenon is known as the ‘moral hazard’.208 For boards or senior management
not inclined to defer to cyber security practitioners, cyber insurance could be viewed as a
replacement for more costly cyber security measures.209 If widespread, this could outweigh the
potential positive benefits of cyber insurance by actively encouraging insecure practices and
behaviours. It could also drive up insurance premiums, placing an increased financial burden on
companies who do invest in cyber security and practice secure behaviours.210
However, research for this paper did not find strong empirical evidence indicating that the
moral hazard is a significant issue for cyber insurance. While some insurers did suggest they
had seen instances of businesses – particularly SMEs – treat cyber insurance as a substitute for
increasing investment in cyber security,211 most interviewees suggested that while the moral
hazard could potentially occur, it is not often seen. This chimes with findings from DCMS’s ‘Cyber
Security Breaches Survey 2019’, which suggested that organisations consider cyber insurance
as complementary to – rather than a substitute for – other forms of cyber risk management.212
This is primarily because cyber insurance policies do not cover all the potential impacts of cyber risk.
For instance, financial coverage from a cyber insurance policy will not cover long-term reputational
costs that can result from a data breach or ransomware attack, particularly if customer data is
affected.213 As one financial services provider stressed, ‘there’s no amount of cyber insurance
pay-out that can remedy a severe loss of reputation’.214 While this argument rests to some extent
on the assumption that policyholders understand cyber risk, purchasers of cyber insurance do
appear to have a greater understanding of the economic impacts of cyber incidents.215 Moreover,
the moral hazard issue may be attenuated by some of the scepticism around cyber insurance –
specifically, that financial limits are too low to cover the costs of an incident and that organisations
are not certain their policy will pay out.216
In sum, the moral hazard – as theoretically conceived – is not a significant challenge for the
cyber insurance sector, at least no more so than it is for other insurance lines.


تلخيص النصوص العربية والإنجليزية أونلاين

تلخيص النصوص آلياً

تلخيص النصوص العربية والإنجليزية اليا باستخدام الخوارزميات الإحصائية وترتيب وأهمية الجمل في النص

تحميل التلخيص

يمكنك تحميل ناتج التلخيص بأكثر من صيغة متوفرة مثل PDF أو ملفات Word أو حتي نصوص عادية

رابط دائم

يمكنك مشاركة رابط التلخيص بسهولة حيث يحتفظ الموقع بالتلخيص لإمكانية الإطلاع عليه في أي وقت ومن أي جهاز ماعدا الملخصات الخاصة

مميزات أخري

نعمل علي العديد من الإضافات والمميزات لتسهيل عملية التلخيص وتحسينها


آخر التلخيصات

قد لا تُفضل بعض...

قد لا تُفضل بعض المؤسسات العمل طوال الوقت لعامليها وإنما تعتمد على تحديد جزء من الوقت لهم أو تتفق عل...

في حال ما اذا ك...

في حال ما اذا كانت قطعة الارض محجوزة يضهر ذلك عن طريق وضع صك الملكية مقلوبا هههههههههههههههههه ههههه...

منهج الدراسة: ا...

منهج الدراسة: استنا ًدا على الأدب النظري، اعتمدت الدراسة المنهج الوصفي، بأسلوب البحث الكمي. والمنهج ...

الأزهر.. على مر...

الأزهر.. على مر العصور يعود تاريخ إنشاء الأزهر الشريف إلى سنة (358- 567م/969- 1171م)، وتحديدا في عه...

Knowledge is in...

Knowledge is increasingly being recognized as the new strategic imperative of organizations. The mos...

تصنف المواد الك...

تصنف المواد الكيميائية الخطرة وفقاً لنوعها ودرجة خطورتها الصحية والمادية الكامنة، وتتحدد الخواص الخط...

الأنشوجة وهي أس...

الأنشوجة وهي أسماك مالحة صغيرة. نبات الكبر ، وهي براعم الزهور من شجيرة صغيرة وذوق رائع ؛ والطماطم ...

“أود أن أكون أخ...

“أود أن أكون أختًا كبرى”، ربما هي جملة عادية، تسمعها دومًا من أغلب الفتيات الصغار، نابعةً من فطرة ال...

With the improv...

With the improving banking sector in recent times and the increasing trend of taking loans, a large ...

تم بناؤه و تأسي...

تم بناؤه و تأسيسه في القاهره عام 970م اسسه المعز لدين الله الفاطمي , تم انشائه بالشكل المعماري الفاط...

Angelina and Br...

Angelina and Brad have been restricted in fights in court for almost six years, since she stood out ...

مشكلة الد ا رسة...

مشكلة الد ا رسة على الرغم من كثرة الد ا رسات التي تناولت الأسئلة التعليمية بشكل عام، وأسئلة الاختبا ...