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Systemic Risk Modeling and Evaluation through Simulation and Bayesian Networks

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Published:29 August 2017Publication History

ABSTRACT

In the Risk Analysis domain an increasing interest has been gaining by the System Risk Analysis that aims at investigating the risk deriving by the interdependence of the system under consideration by other systems and, in general, by the interactions among them. Indeed, an adverse event occurring in a certain system can cause negative effects on the other interconnected systems and compromise their operation. An effective analysis of the Systemic Risk requires suitable methods and techniques able to handle the high level of complexity typical of Systems and Systems characterized by several interconnected, distributed, autonomous and changing components. In this context, the paper proposes a method for Systemic Risk Analysis that combines a Goal-Oriented Methodology for Requirement Modeling (GOReM) with a Model-Based method for System Dependability Analysis (RAMSoS). Such combination enables the modeling and the evaluation of Systemic Risk scenarios by using agent-based simulations and the complementary quantitative evaluation of performance indices through Bayesian Networks. A concrete exploitation of the proposed approach to Systemic Risk Analysis in the cyber-security domain is also presented1.

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      • Published in

        cover image ACM Other conferences
        ARES '17: Proceedings of the 12th International Conference on Availability, Reliability and Security
        August 2017
        853 pages
        ISBN:9781450352574
        DOI:10.1145/3098954

        Copyright © 2017 ACM

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        Publication History

        • Published: 29 August 2017

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        Acceptance Rates

        ARES '17 Paper Acceptance Rate100of191submissions,52%Overall Acceptance Rate228of451submissions,51%

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