International Business Machines Corporation
DYNAMIC CYBER INSURANCE USING A DISTRIBUTED LEDGER

Last updated:

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.

Status:
Application
Type:

Utility

Filling date:

30 Dec 2019

Issue date:

1 Jul 2021