This paper analyzes the characteristics of #cyber #loss #events and how they evolve over time. The authors use three large databases to address the problem of #report #delay and analyze the #frequency and #severity of different categories of #cyberevents . They find that the frequency of malicious cyber events has grown exponentially in the past two decades, but there is no significant change in loss severity. LIRE
“... we provide evidence that setting the risk-weighted ratio at 15\% and the simple leverage ratio at 10% would significantly decrease the probability of default without hampering banks' activities.”
The study investigated how ChatGPT and Bard categorize investor risk profiles compared to financial advisors. While there were no significant differences in the risk scores assigned by the chatbots an
The paper suggests that companies developing high-risk AI systems should demonstrate their safety before deployment, arguing for proactive risk management. It proposes a risk management approach where