System for the measurement and automated accumulation of diverging cyber risks, and corresponding method thereof

A system for measurement, accumulation, and monitoring of diverging cyber risks, the system comprising:

• a plurality of risk-prone devices, each risk-prone device including a processing circuit configured to process at least one of electronic data, and data related to storage devices and graphic representation devices, each risk-prone device being exposed to a plurality of cyber risks via the corresponding processing circuit, each cyber risk being a probability of occurrence of a cyber risk event in the risk-prone device;
• an accumulation device including storage configured to segment a total cyber risk of each of the risk-prone devices into a plurality of risk-exposure segments, the storage including a searchable trigger database including retrievably stored segmentation parameters, each segmentation parameter being associated with a corresponding measuring parameter that captures a risk exposure of the risk exposure segment,
• wherein the stored segmentation parameters include at least a first segmentation parameter for segmenting a first risk contribution associated with measurements of operational interruption and/or service denial, a second segmentation parameter for segmenting a second risk contribution associated with measurements of a data privacy breach on third party data, a third segmentation parameter for segmenting a third risk contribution associated with measurements of material damage as a consequence of a failure of the processing circuit of the risk-prone device or associated with measurements of a cyber-attack, and a fourth segmentation parameter for segmenting a fourth risk contribution that is associated with measurements of coordinated attack on scopes of intellectual property of the risk-prone device;
• and
• a triggering device that is connected to each of the risk-prone devices by a corresponding capturing device, the capturing device being configured to detect and capture a measuring value of the measuring parameter related to the occurrence of the cyber risk event within a data pathway of the corresponding processing circuit of the risk-prone device;
• wherein, the accumulation device is further configured to accumulate the total risk of each risk-prone device based on the triggering device by sequentially selecting the segmentation parameters from the searchable trigger database and retrieving the associated measuring parameters for each of the segmentation parameters, and trigger the triggering device based on the retrieved measuring parameters to capture measuring values corresponding to the retrieved measuring parameters from the plurality of risk-prone devices via the capturing devices, and compute the total cyber risk based on at sequentially selected segmentation parameters from the searchable trigger database.