What is it about?

Cyber risk standardisation and regulation would play a key role in the process of reducing cyber attacks from the IoT.

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Why is it important?

The article combines knowledge from common cyber risk assessment approaches and integrates current standards. Hence, the article offers a better understanding of IoT cyber risk, and the interactions in cybersecurity assessment. - this article presents a target state for IoT risk assessment and transformation roadmap for advancing existing cyber risk assessment frameworks, models and standards, to include the assessment of cyber risk from complex and coupled IoT systems. - to quantify uncontrollable risk states, epistemological equation is presented that decouples risk in complex IoT systems.


The findings in this paper constitute; 1. Epistemological analysis of cyber risk assessment approaches for IoT systems; 2. Transformation roadmap for IoT cyber risk assessment; and 3. Dependency describing how IoT companies can achieve their target state. The roadmap and the design implementation tiers can be applied for: a. Risk identification, management, estimation, and strategy prioritisation.

Dr Petar Radanliev
University of Oxford

Read the Original

This page is a summary of: Epistemological Equation for Analysing Uncontrollable States in Complex Systems: Quantifying Cyber Risks from the Internet of Things, The Review of Socionetwork Strategies, July 2021, Springer Science + Business Media,
DOI: 10.1007/s12626-021-00086-5.
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