Cyber risk insurance policy a proposed frameworkfor e-business in Malaysia

Security risks can significantly affect the e-business company's reputation as well as the financial performance. Due to the increasing rate of the security breaches in Malaysia, the impacts should be handled with care to prevent the company from exposing to major financial and legal liabilitie...

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Main Author: Lee, Siok Hwee
Format: Thesis
Language:English
Published: 2009
Subjects:
Online Access:http://eprints.utm.my/id/eprint/18219/1/LeeSiokHweeMFC2009.pdf
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id my-utm-ep.18219
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spelling my-utm-ep.182192017-08-28T02:10:35Z Cyber risk insurance policy a proposed frameworkfor e-business in Malaysia 2009-04 Lee, Siok Hwee QA75 Electronic computers. Computer science Security risks can significantly affect the e-business company's reputation as well as the financial performance. Due to the increasing rate of the security breaches in Malaysia, the impacts should be handled with care to prevent the company from exposing to major financial and legal liabilities. E-business companies can manage their security risks by reducing it using technology like firewall, intrusion prevention tools, reducing the financial risk through insurance or maintaining the risk at an acceptable level. This research is aimed to propose an insurance procurement framework for both the insurer and the insured companies to promote a greater understanding of the alternatives of managing cyber risks. The research will study on the security structures and flows of the e-business in Malaysia context, review on the Internet computer crime and security issues locally and internationally, analyse on the international cyber-risk e-business and individual insurance policies and alternative solutions. A preliminary investigation was conducted on current business and individual insurance policy across various insurance companies in Malaysia. A survey on sample users for e-business and insurance companies in Malaysia on the effectiveness of the solution was done. Finally this research proposed a cyber-risk insurance policy framework to provide useful insights for policy formulation. 2009-04 Thesis http://eprints.utm.my/id/eprint/18219/ http://eprints.utm.my/id/eprint/18219/1/LeeSiokHweeMFC2009.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:1261?queryType=vitalDismax&query=Cyber+risk+insurance+policy+a+proposed+frameworkfor+e-business+in+Malaysia&public=true masters Universiti Teknologi Malaysia, Faculty of Computer Science and Information System Faculty of Computer Science and Information System
institution Universiti Teknologi Malaysia
collection UTM Institutional Repository
language English
topic QA75 Electronic computers
Computer science
spellingShingle QA75 Electronic computers
Computer science
Lee, Siok Hwee
Cyber risk insurance policy a proposed frameworkfor e-business in Malaysia
description Security risks can significantly affect the e-business company's reputation as well as the financial performance. Due to the increasing rate of the security breaches in Malaysia, the impacts should be handled with care to prevent the company from exposing to major financial and legal liabilities. E-business companies can manage their security risks by reducing it using technology like firewall, intrusion prevention tools, reducing the financial risk through insurance or maintaining the risk at an acceptable level. This research is aimed to propose an insurance procurement framework for both the insurer and the insured companies to promote a greater understanding of the alternatives of managing cyber risks. The research will study on the security structures and flows of the e-business in Malaysia context, review on the Internet computer crime and security issues locally and internationally, analyse on the international cyber-risk e-business and individual insurance policies and alternative solutions. A preliminary investigation was conducted on current business and individual insurance policy across various insurance companies in Malaysia. A survey on sample users for e-business and insurance companies in Malaysia on the effectiveness of the solution was done. Finally this research proposed a cyber-risk insurance policy framework to provide useful insights for policy formulation.
format Thesis
qualification_level Master's degree
author Lee, Siok Hwee
author_facet Lee, Siok Hwee
author_sort Lee, Siok Hwee
title Cyber risk insurance policy a proposed frameworkfor e-business in Malaysia
title_short Cyber risk insurance policy a proposed frameworkfor e-business in Malaysia
title_full Cyber risk insurance policy a proposed frameworkfor e-business in Malaysia
title_fullStr Cyber risk insurance policy a proposed frameworkfor e-business in Malaysia
title_full_unstemmed Cyber risk insurance policy a proposed frameworkfor e-business in Malaysia
title_sort cyber risk insurance policy a proposed frameworkfor e-business in malaysia
granting_institution Universiti Teknologi Malaysia, Faculty of Computer Science and Information System
granting_department Faculty of Computer Science and Information System
publishDate 2009
url http://eprints.utm.my/id/eprint/18219/1/LeeSiokHweeMFC2009.pdf
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