A one-stop guide for the theories, applications, and statistical methodologies essential to
operational risk Providing a complete overview of operational risk modeling and relevant …

While several tests for serial correlation in financial markets have been proposed and
applied successfully in the literature, such tests provide rather limited information to …

In this study an exploration of insurance risk transfer is undertaken for the cyber insurance
industry in the United States of America, based on the leading industry dataset of cyber …

In this paper we assume a multivariate risk model has been developed for a portfolio and its
capital derived as a homogeneous risk measure. The Euler (or gradient) principle, then …

5G and beyond sees an ever increasing density of connected things. As not all devices are
coordinated, there are limited opportunities to mitigate interference. As such, it is crucial to …

In risk analysis, a global fit that appropriately captures the body and the tail of the distribution
of losses is essential. Modelling the whole range of the losses using a standard distribution …

Heavy Tails and Copulas : Introduction and Overview Page 1 Chapter 1 Introduction and
Overview In this chapter, we set the stage by defining the subject matter of the book and …

We investigate the monitoring role of the media, its detection and deterrence effects in
corporate operational losses. Relying on our theoretical model, we analyze 8,144 loss …

Recently, Basel Committee for Banking Supervision proposed to replace all approaches,
including Advanced Measurement Approach (AMA), for operational risk capital with a simple …

In Signed path dependence in financial markets: Applications and implications, computer
scientist and academic Fabio Dias delves into cutting-edge techniques at the intersection of …