Optimal Spending on Cybersecurity Measures: Risk Management Contributor(s): Kissoon, Tara (Author) |
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ISBN: 1032061405 ISBN-13: 9781032061405 Publisher: Routledge OUR PRICE: $63.64 Product Type: Hardcover - Other Formats Published: July 2021 |
Additional Information |
BISAC Categories: - Business & Economics | Information Management - Business & Economics | Insurance - Risk Assessment & Management - Business & Economics | Management - General |
Dewey: 658.478 |
LCCN: 2021015074 |
Physical Information: 0.6" H x 5.4" W x 8.7" (0.70 lbs) 156 pages |
Descriptions, Reviews, Etc. |
Publisher 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. |