IoT Supply Chain Security Risk Analysis and MitigationPolicy Management
IoT Supply Chain Security Risk Analysis and Mitigation: Policy Management
Kieras, Tim; Farooq, Junaid; Zhu, Quanyan
2022-06-11 00:00:00
[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.]
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IoT Supply Chain Security Risk Analysis and MitigationPolicy 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.]
Published: Jun 11, 2022
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