This interactive module illustrates a simplified two-dimensional MSPD (Multivariate Self-exciting Process with Dependencies) used in cyber-risk modeling. For further details on MSPDS Click Here and to learn more about vulnearabilities in cyber risk Click Here. We consider two marked components: vulnerabilities (V) and claims (C). Each event carries a mark representing its severity, sampled from a discrete distribution P(M=1)=0.6, P(M=2)=0.3, P(M=3)=0.1. Marks enter multiplicatively through w(m)=m. Vulnerabilities self-excite and also excite claims, while claims self-excite, producing clustered dynamics consistent with event-driven cyber systems.
Each dot is a marked event. Bigger dots correspond to higher criticality (vulnerabilities) or larger losses (claims). Intensities λC and λV are driven by exponential kernels with separate amplitudes and decays for self- and cross-excitation.
Toy stability conditions (for this simple parametrisation) suggest keeping
α_cc < β_cc, α_vv < β_vv and
α_vc < β_vc, but those aren't the "true" stability conditions associate to this model.