Epistemological Equation for Analysing Uncontrollable States in Complex Systems: Quantifying Cyber Risks from the Internet of Things

12/15/2022

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by   Petar Radanliev, et al.

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To enable quantitative risk assessment of uncontrollable risk states in complex and coupled IoT systems, a new epistemological equation is designed and tested though comparative and empirical analysis. The comparative analysis is conducted on national digital strategies, followed by an empirical analysis of cyber risk assessment approaches. The new epistemological analysis approach enables the assessment of uncontrollable risk states in complex IoT systems, which begin to resemble artificial intelligence, and can be used for a quantitative self-assessment of IoT cyber risk posture.