The Cyber Insurance Emperor Has No Clothes

This course explores the limitations of cyber insurance as a tool to improve cybersecurity. The learning outcomes include understanding the misalignment between cyber insurance and security incentives, and exploring alternative incentive mechanisms. The course covers topics such as insurances incentives, positive incentives, risk models, and public reactions. The teaching method is a talk that presents ten ways cyber insurance falls short in enhancing security and proposes better incentive instruments. The intended audience includes individuals interested in cybersecurity, risk management, and insurance policies.