Optimal Level and Allocation of Cybersecurity Spending PDF Download

Author: Shaun Wang
Publisher:
ISBN:
Category :
Languages : en
Pages : 12

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Author: Tara Kissoon
Publisher: Routledge
ISBN: 1000440761
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
This book explores the strategic decisions made by organizations when implementing cybersecurity controls and leveraging economic models and theories from the economics of information security and risk-management frameworks. Based on unique and distinct research completed within the field of risk-management and information security, this book provides insight into organizational risk-management processes utilized in determining cybersecurity investments. It describes how theoretical models and frameworks rely on either specific scenarios or controlled conditions and how decisions on cybersecurity spending within organizations—specifically, the funding available in comparison to the recommended security measures necessary for compliance—vary depending on stakeholders. As the trade-off between the costs of implementing a security measure and the benefit derived from the implementation of security controls is not easily measured, a business leader’s decision to fund security measures may be biased. The author presents an innovative approach to assess cybersecurity initiatives with a risk-management perspective and leverages a data-centric focus on the evolution of cyber-attacks. This book is ideal for business school students and technology professionals with an interest in risk management.

Author: Tara Kissoon
Publisher:
ISBN: 9781003497523
Category : Architecture
Languages : en
Pages : 0

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Book Description
"The aim of this book is to demonstrate the use of business driven risk assessments to meet the requirements within privacy laws. This book introduces the cyber risk investment model, and the cybersecurity risk management framework used within business driven risk assessments to meet the intent of Privacy and Data Protection Laws. This can be used by various stakeholders who are involved in the implementation of cybersecurity measures to safeguard sensitive data. This framework facilitates an organization's risk management decision-making process to demonstrate the mechanisms in place to fund cybersecurity measures to meet Privacy Laws, and demonstrates the application of the process using two case studies: CatchMyData and Rapid Cloud Migration. This book also discusses the elements used within the cybersecurity risk management process and defines a strategic approach to minimize cybersecurity risks"--

Author: SHERITA-TARA. KISSOON
Publisher:
ISBN: 9781032518947
Category :
Languages : en
Pages : 0

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Book Description
This book aims to discuss the integration of risk management methodologies within the DevOps process. It introduces the cyber risk investment model and the cybersecurity risk management framework within the DevOps process.

Author: Mark F. Grady
Publisher: Cambridge University Press
ISBN: 9780521855273
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
Cybersecurity is an increasing problem for which the market may fail to produce a solution. The ultimate source is that computer owners lack adequate incentives to invest in security because they bear fully the costs of their security precautions but share the benefits with their network partners. In a world of positive transaction costs, individuals often select less than optimal security levels. The problem is compounded because the insecure networks extend far beyond the regulatory jurisdiction of any one nation or even coalition of nations. This book brings together the views of leading law and economics scholars on the nature of the cybersecurity problem and possible solutions to it. Many of these solutions are market based, but they need some help, either from government or industry groups or both. Indeed, the cybersecurity problem prefigures a host of 21st century problems created by information technology and the globalization of markets.

Author: Lawrence A. Gordon
Publisher: McGraw-Hill Education
ISBN: 9780071452854
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Breaches in cybersecurity are on the rise. Between 1998 and 2003, reported cybersecurity incidents increased over thirty-fold. Well-publicized information security breaches have made cybersecurity a critical and timely topic for the general public, as well as for corporations, not-for-profit organizations and the government. As a result, organizations need to be able to make the business case for spending the right amount on cybersecurity. They also need to know how to efficiently allocate these funds to specific cybersecurity activities. Managing Cybersecurity Resources is the first book to specifically focus on providing a framework for understanding how to use economic and financial management tools in helping to address these important issues. The McGraw-Hill Homeland Security Series draws on frontline government, military, and business experts to detail what individuals and businesses can and must do to understand and move forward in this challenging new environment. Books in this timely and noteworthy series will cover everything from the balance between freedom and safety to strategies for protection of intellectual, business, and personal property to structures and goals of terrorist groups including Al-Qaeda.

Author: John M. Borky
Publisher: Springer
ISBN: 3319956698
Category : Technology & Engineering
Languages : en
Pages : 788

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Book Description
This textbook presents a proven, mature Model-Based Systems Engineering (MBSE) methodology that has delivered success in a wide range of system and enterprise programs. The authors introduce MBSE as the state of the practice in the vital Systems Engineering discipline that manages complexity and integrates technologies and design approaches to achieve effective, affordable, and balanced system solutions to the needs of a customer organization and its personnel. The book begins with a summary of the background and nature of MBSE. It summarizes the theory behind Object-Oriented Design applied to complex system architectures. It then walks through the phases of the MBSE methodology, using system examples to illustrate key points. Subsequent chapters broaden the application of MBSE in Service-Oriented Architectures (SOA), real-time systems, cybersecurity, networked enterprises, system simulations, and prototyping. The vital subject of system and architecture governance completes the discussion. The book features exercises at the end of each chapter intended to help readers/students focus on key points, as well as extensive appendices that furnish additional detail in particular areas. The self-contained text is ideal for students in a range of courses in systems architecture and MBSE as well as for practitioners seeking a highly practical presentation of MBSE principles and techniques.

Author: John Sanders Davis (II)
Publisher: Rand Corporation
ISBN:
Category : Computers
Languages : en
Pages : 0

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Book Description
Cybersecurity professionals are faced with the dilemma of selecting from a large set of cybersecurity defensive measures while operating with a limited set of resources with which to employ the measures. This report explains the menu of actions for defending an organization against cyberattack and recommends an approach for organizing the range of actions and evaluating cybersecurity defensive activities.

Author: David Rios Insua
Publisher: CRC Press
ISBN: 1000336220
Category : Mathematics
Languages : en
Pages : 168

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Book Description
Tackling the cybersecurity challenge is a matter of survival for society at large. Cyber attacks are rapidly increasing in sophistication and magnitude—and in their destructive potential. New threats emerge regularly, the last few years having seen a ransomware boom and distributed denial-of-service attacks leveraging the Internet of Things. For organisations, the use of cybersecurity risk management is essential in order to manage these threats. Yet current frameworks have drawbacks which can lead to the suboptimal allocation of cybersecurity resources. Cyber insurance has been touted as part of the solution – based on the idea that insurers can incentivize companies to improve their cybersecurity by offering premium discounts – but cyber insurance levels remain limited. This is because companies have difficulty determining which cyber insurance products to purchase, and insurance companies struggle to accurately assess cyber risk and thus develop cyber insurance products. To deal with these challenges, this volume presents new models for cybersecurity risk management, partly based on the use of cyber insurance. It contains: A set of mathematical models for cybersecurity risk management, including (i) a model to assist companies in determining their optimal budget allocation between security products and cyber insurance and (ii) a model to assist insurers in designing cyber insurance products. The models use adversarial risk analysis to account for the behavior of threat actors (as well as the behavior of companies and insurers). To inform these models, we draw on psychological and behavioural economics studies of decision-making by individuals regarding cybersecurity and cyber insurance. We also draw on organizational decision-making studies involving cybersecurity and cyber insurance. Its theoretical and methodological findings will appeal to researchers across a wide range of cybersecurity-related disciplines including risk and decision analysis, analytics, technology management, actuarial sciences, behavioural sciences, and economics. The practical findings will help cybersecurity professionals and insurers enhance cybersecurity and cyber insurance, thus benefiting society as a whole. This book grew out of a two-year European Union-funded project under Horizons 2020, called CYBECO (Supporting Cyber Insurance from a Behavioral Choice Perspective).

Author: National Research Council
Publisher: National Academies Press
ISBN: 0309043883
Category : Computers
Languages : en
Pages : 320

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Book Description
Computers at Risk presents a comprehensive agenda for developing nationwide policies and practices for computer security. Specific recommendations are provided for industry and for government agencies engaged in computer security activities. The volume also outlines problems and opportunities in computer security research, recommends ways to improve the research infrastructure, and suggests topics for investigators. The book explores the diversity of the field, the need to engineer countermeasures based on speculation of what experts think computer attackers may do next, why the technology community has failed to respond to the need for enhanced security systems, how innovators could be encouraged to bring more options to the marketplace, and balancing the importance of security against the right of privacy.