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001 on1001379511
003 OCoLC
005 20240829102547.0
006 m d
007 cr cnu||||nuuu
008 170819t20172017dcua ob 000 0 eng d
040 _aEBLCP
_beng
_erda
_epn
_cEBLCP
_dOCLCF
_dMERUC
_dYDX
_dSIMAS
_dOCLCQ
_dOCLCO
_dCEF
_dOCLCQ
_dOTZ
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_dOCLCQ
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019 _a1000178809
_a1001452620
_a1055825706
020 _a1484314158
020 _a148431378X
020 _a9781484313787
020 _a9781484314159
_q(electronic bk.)
024 7 _a10.5089/9781484313787.001
_2doi
035 _a1577280
_b(N$T)
035 _a(OCoLC)1001379511
_z(OCoLC)1000178809
_z(OCoLC)1001452620
_z(OCoLC)1055825706
050 4 _aHD61
_b.K66 2017
072 7 _aBUS
_x082000
_2bisacsh
072 7 _aBUS
_x041000
_2bisacsh
072 7 _aBUS
_x042000
_2bisacsh
072 7 _aBUS
_x085000
_2bisacsh
082 0 4 _a658.15
_223
049 _aMAIN
100 1 _aKopp, Emanuel,
_eauthor.
_9989343
245 1 0 _aCyber Risk, Market Failures, and Financial Stability /
_cby Emanuel Kopp, Lincoln Kaffenberger, and Christopher wilson.
264 1 _a[Washington, D.C.] :
_bInternational Monetary Fund,
_c[2017]
264 4 _c©2017
300 _a1 online resource (37 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aIMF Working Paper ;
_vWP/17/185
504 _aIncludes bibliographical references.
588 0 _aOnline resource; title from PDF title page (EBSCO, January 2, 2019).
505 0 _aCover; Table of Contents; I. Introduction; II. Cyber Risk; A. Cyber Risk Aggregation and Intertemporal Effects; B. Impact Estimates for Cyber-Attacks; C. Cyber Risk Management; III. Market Failures; A. Information Asymmetries; B. Strategic Complementarities, Coordination Failure, and Externalities; C. Economies of Scale, Barriers to Entry and Risk Concentration; IV. Interactions of Cyber-related Market Failures and Financial Stability; V. Financial Regulation of Cyber Risk; A. Cyber as an Operational Risk; B. Guidelines; VI. Measures to Strengthen Resilience to Cyber Risk.
505 8 _aA. Reducing Access Vulnerabilities while Boosting ResilienceB. Lessening Information Asymmetries; C. Designing Effective Policies; D. Address Coordination Failures and Manage Systemic Cyber Risk; References; Boxes; 1. Recent Cyber Attacks on the Financial Services Industry; 2. Cyber Insurance; 3. Approach to Critical Infrastructure; Figures; 1. Internet of Things: Devices Connected to the Internet (August 2014); 2. Sources of Threat by Type of Actor (March 2017); 3. Impact, Shock Transmission, and Control; 4. Cyber Risk Management; 5. Coverage Limits and Effective Risk Coverage.
505 8 _a6. Maturity of Software Security7. Regulatory Architecture for Cyber Risk; Tables; 1. Cyber Risk Aggregation Levels; 2. Cost of Cyber Events; 3. Estimated Annual Costs of Cyber Risk; 4. United States: Benefits, Costs, and Economic Net Benefit of Internet Use.
520 _a"Cyber-attacks on financial institutions and financial market infrastructures are becoming more common and more sophisticated. Risk awareness has been increasing, firms actively manage cyber risk and invest in cybersecurity, and to some extent transfer and pool their risks through cyber liability insurance policies. This paper considers the properties of cyber risk, discusses why the private market can fail to provide the socially optimal level of cybersecurity, and explore how systemic cyber risk interacts with other financial stability risks. Furthermore, this study examines the current regulatory frameworks and supervisory approaches, and identifies information asymmetries and other inefficiencies that hamper the detection and management of systemic cyber risk. The paper concludes discussing policy measures that can increase the resilience of the financial system to systemic cyber risk."--Abstract.
590 _aMaster record variable field(s) change: 050
650 0 _aFinancial risk management.
_9117924
650 0 _aFinance
_xData processing
_xSecurity measures.
_9989344
650 0 _aEconomic policy.
_999932
650 0 _aBusiness cycles.
_9117933
650 0 _aFinancial crises.
_9182122
650 0 _aRisk management.
_92691
650 7 _aBUSINESS & ECONOMICS
_xIndustrial Management.
_2bisacsh
_927628
650 7 _aBUSINESS & ECONOMICS
_xManagement.
_2bisacsh
_927629
650 7 _aBUSINESS & ECONOMICS
_xManagement Science.
_2bisacsh
_927626
650 7 _aBUSINESS & ECONOMICS
_xOrganizational Behavior.
_2bisacsh
_927627
650 7 _aBusiness cycles.
_2fast
_0(OCoLC)fst00842457
_9117933
650 7 _aEconomic policy.
_2fast
_0(OCoLC)fst00902025
_999932
650 7 _aFinancial crises.
_2fast
_0(OCoLC)fst00924607
_9182122
650 7 _aFinancial risk management.
_2fast
_0(OCoLC)fst01739657
_9117924
650 7 _aRisk management.
_2fast
_0(OCoLC)fst01098164
_92691
650 7 _aAll Countries.
_2imf
_9812391
650 7 _aCyber Regulation.
_2imf
_9989345
650 7 _aCyber Insurance.
_2imf
_9989346
650 7 _aAsymmetric And Private Information.
_2imf
_9989347
655 4 _aElectronic books.
_9396
700 1 _aKaffenberger, Lincoln,
_eauthor.
_9989348
700 1 _aWilson, Christopher,
_eauthor.
_9989349
776 0 8 _iPrint version:
_aKopp, Emanuel.
_tCyber Risk, Market Failures, and Financial Stability.
_dWashington, D.C. : International Monetary Fund, ©2017
_z9781484313787
830 0 _aIMF working paper ;
_vWP/17/185.
856 4 0 _3EBSCOhost
_uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1577280
938 _aProQuest Ebook Central
_bEBLB
_nEBL4978918
938 _aEBSCOhost
_bEBSC
_n1577280
938 _aYBP Library Services
_bYANK
_n14755040
994 _a92
_bN$T
999 _c665445
_d665445