Open Access. Powered by Scholars. Published by Universities.®
- Keyword
- Publication
Articles 1 - 2 of 2
Full-Text Articles in Business
Economics Of Information Security Investment In The Case Of Simultaneous Attacks, C. Derrick Huang, Qing Hu, Ravi S. Behara
Economics Of Information Security Investment In The Case Of Simultaneous Attacks, C. Derrick Huang, Qing Hu, Ravi S. Behara
Qing Hu
With billions of dollars being spent on information security related products and services each year, the economics of information security investment has become an important area of research, with significant implications for management practices. Drawing on recent studies that examine optimal security investment levels under various attack scenarios, we propose an economic model that considers simultaneous attacks from multiple external agents with distinct characteristics, and derive optimal investments based on the principle of benefit maximization. The relationships among the major variables, such as systems vulnerability, security breach probability, potential loss of security breach, and security investment levels, are investigated via …
Homeland Security: Engaging The Frontlines - Symposium Proceedings, George H. Baker, Cheryl J. Elliott
Homeland Security: Engaging The Frontlines - Symposium Proceedings, George H. Baker, Cheryl J. Elliott
George H Baker
The rise of the American homeland security endeavor under the leadership of the new Department of Homeland Security has been heralded by several major national strategy documents. These documents have served to organize efforts at top levels within the government and industry. However, the national strategy guidance is not getting to many organizations and people at the grass-roots level who can make the most difference in preventing attacks, protecting systems, and recovering from catastrophic events, viz. the general citizenry, private infrastructure owners, and local governments. To better understand grass-roots issues and solutions, James Madison University, in cooperation with the Federal …