Optimal Spending on Cybersecurity Measures Risk Management

Free Download Optimal Spending on Cybersecurity Measures: Risk Management
English | 2021 | ISBN: 1032061405 | 115 Pages | PDF (True) | 3.4 MB
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.

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