New cyber risk: premises for a coverage about net damages, International Review of Business Research Papers. Novembre 2009 issue Vol.5 No.6 ISSN: 1832 - 9543

In literature, we have not found insurance policies created to evaluate and to pay the damages that follow an attack of computer piracy. Encouraged by the widespread attacks via the Internet and after having considered the extent of such a problem, a mass phenomenon so far, we would like to write our reflections on the cyber risks via web which, beyond any material damages, can also cause damages to the image and privacy violation. On the analogy of the coverage regarding health insurance, three levels of damage can be identified with regard to the functionality of the computer. In this paper, we have hypothesised a structure of the probabilistic model in order to describe the damages after the networking. Therefore, we have proposed a possible solution to the problem through insurance policies. The aim of this working paper is not to propose a technological solution, but to hypothesise the actuarial premises for the coverage about net damages