International Business Machines Corporation
DYNAMIC CYBER INSURANCE USING A DISTRIBUTED LEDGER
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Abstract:
Techniques for secure electronic collaboration among parties to provide dynamic cyber insurance are disclosed. A profile describing information technology (IT) infrastructure for an entity is retrieved from an electronic distributed ledger. At least a portion of the profile is provided to a risk evaluator using the electronic distributed ledger. A cyber security risk evaluation associated with the profile is retrieved from the electronic distributed ledger. A request for cyber insurance from the entity is received. Cyber insurance parameters for the entity are determined automatically, using a computer processor, and based on the cyber security risk evaluation. The entity acquires cyber insurance based on the determined cyber insurance parameters.
Utility
30 Dec 2019
1 Jul 2021