An Improved Stochastic Model for Cybersecurity Risk Assessment

Abstract

Most of the existing solutions in cybersecurity analysis has been centered on identifying threats and vulnerabilities, and also providing suitable defense mechanisms to improve the robustness of the cyberspace network. These solutions lack effective capabilities to countermeasure the effect of risks and perform long-term prediction. In this paper, an improved risk assessment model for cyberspace security that will effectively predict and mitigate the consequences of risk was developed