Ranjan Pal

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Ranjan Pal (holding a PhD in Computer Science) is a Research Scientist at the MIT Sloan School of Management who is a cybersecurity expert and broadly conducts and leads research on cyber risk/resilience management through Cybersecurity at MIT Sloan (CAMS) using the interplay of computer science, decision science, and applied mathematics. He is also currently an invited member of the systems cyber-resilience working group (WG) at the World Economic Forum contributing his expert insights on solving the most important societal challenges on cyber resilience--some insights reaching the White House. Ranjan pioneered the field of mathematical models adjudicating the market sustainability of cyber-insurance solutions. He has acted as strategic cyber risk management advisor to corporations and has been an invited expert on government research review panels in science and technology. 

Ranjan has published/contributed to nearly 100 research articles in academic, policy, and thought leadership in business outlets that include premier and flagship journal and conference proceedings, World Economic Forum reports, Forbes, The Financial Times, The Economic Times, The Financial ExpressRe-InAsia, and The Times of India. He has been an invited speaker in nearly 50 venues around the globe, and has held visiting scholar and faculty positions at leading business and technology institutes of the world.  These include the University of Michigan, University of Cambridge, Princeton University, Indian School of Business, Tsinghua University, Indian Institute of Management Ahmedabad, Indian Institute of Management Calcutta, Indian Institute of Technology Delhi, and the All India Institute of Medical Science. Ranjan is an associate editor of the ACM Transactions on Management Information Systems and has been a Technical Program Committee member of the Winter Simulation Conference

In his spare time, Ranjan is a scholar, book author, and life-long research student of Vedic (Parashari) astrology (Jyotish)  through his family tradition. He is formally and personally trained by the brilliant Dr. Richa Shukla (a renowned professional Vedic astrologer in India and a direct student of the world-renowned astrology legend Shri K. N. Rao), equivalent of the Jyotish Alankar and Jyotish Acharya degrees for professional Vedic astrology. Ranjan also studies Vedanta philosophy.

Research - Click HERE to view research statement. 

Publications - Click HERE to access the full list of publications. 

Students - Click HERE to see research mentorship profile. 

Visting Talks - Click HERE for venues of invited talks. 

Publications

"A Theory to Estimate, Bound, and Manage Systemic Cyber-Risk."

Ranjan Pal, Konnie Duan, and Rohan Sequeira. In Proceedings of the 39th ACM SIGSIM Conference on Principles of Advanced Discrete Simulation, edited by Adelinde Uhrmacher and Ernest Page. New York, NY: 2025.

"EdgeMart: A Sustainable Networked OTT Economy on the Wireless Edge for Saving Multimedia IP Bandwidth."

Pal, Ranjan, Nishanth Sastry, Emeka Obiodu, Sanjana Prabhu, and Konstantinos Psounis. ACM Transactions on Autonomous and Adaptive Systems Vol. 18, No. 4 (2023): 1-25.

"How Should We Regulate Cryptocurrencies via Consensus?: A Strategic Framework for Optimal Legal Transaction Throughput."

Ahuja, Aditya, Vinay Ribeiro, and Ranjan Pal. Distributed Ledger Technologies: Research and Practice Vol. 2, No. 1 (2023): 1-20.

"How Suboptimal is Work-From-Home Security in IT/ICS Enterprises? A Strategic Organizational Theory for Managers."

Ranjan Pal, Rohan Sequeira, Yufei Zhu, Angelica Marotta, Michael Siegel, and Edward Y. Hua. In ACM Transactions on Management Information Systems, February 2023.

"How Hard Is Cyber-risk Management in IT/OT Systems? A Theory to Classify and Conquer Hardness of Insuring ICSs."

Pal, Ranjan, Peihan Liu, Taoan Lu, and Edward Hua. ACM Transactions on Cyber-Physical Systems Vol. 6, No. 4 (2023): 1-31.

"How Should Enterprises Quantify and Analyze (Multi-Party) APT Cyber-Risk Exposure in their Industrial IoT Network?"

Pal, Ranjan, Rohan Sequeira, Xinlong Yin, Sander Zeijlemaker, and Vineeth Kotala. ACM Transactions on Management Information Systems (2023).

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Media Highlights

Press Forbes India

Why does cybersecurity management in enterprises fail?

Research scientist Ranjan Pal and co-authors wrote: "The most creative and technically innovative employees choose roles in software development for products whose value is of most importance to venture capitalists and enterprise shareholders. The relatively less innovative and coding-competent employees are put in cybersecurity roles and are paid comparatively less."

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Press Forbes India

How to manage cyber risk in AI LLM-driven pharmaceutical supply chains

Research scientist Ranjan Pal and co-author wrote: "While the use of LLMs comes with a plethora of management (and technological) benefits for pharma supply chains, its use is loaded with many cyber vulnerabilities that can impact training data and models in a manner that leads to biased and erroneous outputs, cybersecurity/privacy breaches, and industry system failures."

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