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IoT Supply Chain Security Risk Analysis and MitigationPolicy Management

IoT Supply Chain Security Risk Analysis and Mitigation: Policy Management [Supply chain security has become a growing concern in the security risk analysis of IoT systems. Their highly connected structures have significantly enlarged the attack surfaceAttack surface, making it difficult to track the source of the risk posed by malicious or compromised suppliers. This chapter presents a system-scientific framework to study the accountability Accountability in IoT supply chains and provides a holistic risk analysis technologically and socio-economically. We develop stylized models and quantitative approaches to evaluate the accountability of the suppliers. Two case studies are used to illustrate accountability measures for scenarios with single and multiple agents. Finally, we present the contract design and cyber insurance as economic solutions to mitigate supply chain risks. They are incentive-compatible mechanisms that encourage truth-telling of the supplier and facilitate reliable accountability investigation for the buyer.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

IoT Supply Chain Security Risk Analysis and MitigationPolicy Management

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Publisher
Springer International Publishing
Copyright
© The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
ISBN
978-3-031-08479-9
Pages
57 –106
DOI
10.1007/978-3-031-08480-5_4
Publisher site
See Chapter on Publisher Site

Abstract

[Supply chain security has become a growing concern in the security risk analysis of IoT systems. Their highly connected structures have significantly enlarged the attack surfaceAttack surface, making it difficult to track the source of the risk posed by malicious or compromised suppliers. This chapter presents a system-scientific framework to study the accountability Accountability in IoT supply chains and provides a holistic risk analysis technologically and socio-economically. We develop stylized models and quantitative approaches to evaluate the accountability of the suppliers. Two case studies are used to illustrate accountability measures for scenarios with single and multiple agents. Finally, we present the contract design and cyber insurance as economic solutions to mitigate supply chain risks. They are incentive-compatible mechanisms that encourage truth-telling of the supplier and facilitate reliable accountability investigation for the buyer.]

Published: Jun 11, 2022

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