A meta-analysis of contingent valuation studies on voluntary insurance for low-probability, high-impact risks finds demand lower than expected. Stated willingness to pay (WTP) averages 87% of expected losses. Factors like loss probability information positively affect WTP, while income and age negatively influence it. Cultural and methodological factors also impact WTP.
The model aims to enhance cybersecurity performance and workforce retention through tailored training strategies. LIRE
“... the collaborative game provides executives and business leaders with insight into cyber-risk management issues, thereby improving their results through deeper learning.” LIRE
“Using cybersecurity certification as the basis for providing a complete defense to liability may not prevent every harm from occurring. However, if organizations invest in certification to avoid lega