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Cyber Risk Prediction and Management Using Random Forest-Based Risk Scoring Models

  • Ulster University
  • College of Engineering and Information Technology
  • Athabasca University

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The increasing relevance and number of sophisticated cyber threats are creating the need for the development of intelligent and robust systems for risk prediction and management. The paper introduces an elaborate framework for cyber risk assessment and mitigation through Random Forest risk scoring models. In their research, the authors used a Random Forest classifier to train the model with past cyber incidents' data and system attributes. This approach enabled the model to effectively recognize and predict cyber risks. The system applies risk scores to the various system parts, which greatly simplifies the identification of vulnerabilities. Feature selection is executed to point out the attributes of the most influence on cyber risk and make the model more transparent and efficient. The system also introduces a dynamic risk management module to adapt to changing threat landscapes by keeping the model up to date with new data. Our experimental results demonstrate robust performance with 94.8% accuracy, 92.3% precision, and 93.7% recall, proving the system's effectiveness and reliability in real-world cybersecurity environments. The paper presents as follows: one of the priority points is the inclusion in the machine-learning-based scoring method for the quantification of cyber risks, a feature-optimized Random Forest classifier for risk prediction and a feedback-based mechanism of risk model updating. This framework grants organizations a mechanism for the early detection of risks, cybersecurity decision-making, and finally, the safety of the data.

Original languageEnglish
Title of host publicationProceedings - 2025 IEEE Smart World Congress, SWC 2025, 2025 IEEE Ubiquitous Intelligence and Computing, Autonomous and Trusted Computing, Digital Twin, Metaverse, Scalable Computing and Communications
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages232-237
Number of pages6
ISBN (Electronic)9798331575984
DOIs
StatePublished - 2025
Externally publishedYes
Event2025 IEEE Smart World Congress, SWC 2025 - Calgary, Canada
Duration: 18 Aug 202522 Aug 2025

Publication series

NameProceedings - 2025 IEEE Smart World Congress, SWC 2025, 2025 IEEE Ubiquitous Intelligence and Computing, Autonomous and Trusted Computing, Digital Twin, Metaverse, Scalable Computing and Communications

Conference

Conference2025 IEEE Smart World Congress, SWC 2025
Country/TerritoryCanada
CityCalgary
Period18/08/2522/08/25

Keywords

  • Cyber Risk Assessment
  • Cyber Threats
  • Cybersecurity
  • Feature Selection
  • Machine Learning
  • Predictive Modeling
  • Random Forest
  • Risk Management
  • Risk Prediction
  • Risk Scoring Model

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