Quantifying the econometric loss of a cyber-physical attack on a seaport
Modern Cyber-Physical Systems (CPS) show increasing levels of automation, intelligence, and optimization capabilities. Both creators and adopters of these technologies emphasize the benefits: safety, cost-savings, and efficiencies. Existing literature under-represents the potential risks associated...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2023-01-01
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| Series: | Frontiers in Computer Science |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fcomp.2022.1057507/full |
| _version_ | 1797945441200898048 |
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| author | Kimberly Tam Barbara Chang Rory Hopcraft Kemedi Moara-Nkwe Kevin Jones |
| author_facet | Kimberly Tam Barbara Chang Rory Hopcraft Kemedi Moara-Nkwe Kevin Jones |
| author_sort | Kimberly Tam |
| collection | DOAJ |
| description | Modern Cyber-Physical Systems (CPS) show increasing levels of automation, intelligence, and optimization capabilities. Both creators and adopters of these technologies emphasize the benefits: safety, cost-savings, and efficiencies. Existing literature under-represents the potential risks associated with the adoption of individually complex systems and interconnected Systems-of-Systems (SoS). Research primarily focuses on the potential benefits, and many recent deployments of new technology have received little rigorous scrutiny. The studies that do explore issues, such as cyber-attacks on CPS, often lack an analysis of the potential impact based on the way cyber-physical risks are communicated. Due to high levels of interaction and inter dependencies in CPS, disruptions in one sector can propagate to other sectors. The initial economic impacts may start locally but will often lead to global effects if response mechanisms prove insufficient. This case study aims to address a research gap in modeling, and quantifies how a cyber-attack, with physical consequences, can affect local and global trade if a single maritime port is affected. Additionally, to further understanding of the public's perception of risk about cyber-attacks and its emergent threat to global supply chains, members of the public were asked to react to the potential econometric losses. This study produced the five-part CyPEM (Cyber Physical Econometric Model) that has the capability to translate a cyber-attack to an econometric loss. Each framework part may also be swapped out to analyze different CPS. With this, we discovered a gap in the perceptions of cyber-physical risk regarding maritime transport. |
| first_indexed | 2024-04-10T20:55:10Z |
| format | Article |
| id | doaj.art-031966bab03540388778248e012430d3 |
| institution | Directory Open Access Journal |
| issn | 2624-9898 |
| language | English |
| last_indexed | 2024-04-10T20:55:10Z |
| publishDate | 2023-01-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Computer Science |
| spelling | doaj.art-031966bab03540388778248e012430d32023-01-23T06:31:37ZengFrontiers Media S.A.Frontiers in Computer Science2624-98982023-01-01410.3389/fcomp.2022.10575071057507Quantifying the econometric loss of a cyber-physical attack on a seaportKimberly Tam0Barbara Chang1Rory Hopcraft2Kemedi Moara-Nkwe3Kevin Jones4Maritime Cyber Threats Research Group, University of Plymouth, Plymouth, United KingdomVerisk EES (AIR Worldwide), San Francisco, CA, United StatesMaritime Cyber Threats Research Group, University of Plymouth, Plymouth, United KingdomWarwash Solent University, Southampton, United KingdomMaritime Cyber Threats Research Group, University of Plymouth, Plymouth, United KingdomModern Cyber-Physical Systems (CPS) show increasing levels of automation, intelligence, and optimization capabilities. Both creators and adopters of these technologies emphasize the benefits: safety, cost-savings, and efficiencies. Existing literature under-represents the potential risks associated with the adoption of individually complex systems and interconnected Systems-of-Systems (SoS). Research primarily focuses on the potential benefits, and many recent deployments of new technology have received little rigorous scrutiny. The studies that do explore issues, such as cyber-attacks on CPS, often lack an analysis of the potential impact based on the way cyber-physical risks are communicated. Due to high levels of interaction and inter dependencies in CPS, disruptions in one sector can propagate to other sectors. The initial economic impacts may start locally but will often lead to global effects if response mechanisms prove insufficient. This case study aims to address a research gap in modeling, and quantifies how a cyber-attack, with physical consequences, can affect local and global trade if a single maritime port is affected. Additionally, to further understanding of the public's perception of risk about cyber-attacks and its emergent threat to global supply chains, members of the public were asked to react to the potential econometric losses. This study produced the five-part CyPEM (Cyber Physical Econometric Model) that has the capability to translate a cyber-attack to an econometric loss. Each framework part may also be swapped out to analyze different CPS. With this, we discovered a gap in the perceptions of cyber-physical risk regarding maritime transport.https://www.frontiersin.org/articles/10.3389/fcomp.2022.1057507/fulleconometric (EC) modelcyber-physicalmaritimecyber-securitycritical national infrastructure |
| spellingShingle | Kimberly Tam Barbara Chang Rory Hopcraft Kemedi Moara-Nkwe Kevin Jones Quantifying the econometric loss of a cyber-physical attack on a seaport Frontiers in Computer Science econometric (EC) model cyber-physical maritime cyber-security critical national infrastructure |
| title | Quantifying the econometric loss of a cyber-physical attack on a seaport |
| title_full | Quantifying the econometric loss of a cyber-physical attack on a seaport |
| title_fullStr | Quantifying the econometric loss of a cyber-physical attack on a seaport |
| title_full_unstemmed | Quantifying the econometric loss of a cyber-physical attack on a seaport |
| title_short | Quantifying the econometric loss of a cyber-physical attack on a seaport |
| title_sort | quantifying the econometric loss of a cyber physical attack on a seaport |
| topic | econometric (EC) model cyber-physical maritime cyber-security critical national infrastructure |
| url | https://www.frontiersin.org/articles/10.3389/fcomp.2022.1057507/full |
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