Download Cybersecurity Investments: Decision Support Under Economic by Stefan Beissel PDF

By Stefan Beissel

This e-book deals readers crucial orientation on cybersecurity safeguards, and primary and most appropriate is helping them locate the ideal stability among monetary costs and threat mitigation. this is often completed by means of pursuing a multi-disciplinary technique that mixes well-founded equipment from economics and the pc sciences. validated choice making recommendations are embedded right into a walk-through for the whole lifecycle of cybersecurity investments. Insights into the industrial point of the prices and advantages of cybersecurity are supplemented through proven and leading edge financial symptoms. Readers will locate functional instruments and strategies to help moderate selection making in cybersecurity investments. additional, they are going to be outfitted to inspire a standard figuring out utilizing financial facets, and to supply expense transparency for the senior management.

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Additional resources for Cybersecurity Investments: Decision Support Under Economic Aspects

Sample text

Already during the early planning phases, cybersecurity should generally be taken into account. Secure software leads to less rework and a tendency to more satisfied users. Administrators ensure that all systems are reliable and function as supposed. By hardening the systems, administrators make the systems more resilient against external attacks. Cybersecurity is an important way to raise the reliability. Suppliers deliver goods that are needed by the company to run through the supply chain. Cybersecurity is important to secure any communication between the supplier and the company.

Measures that motivate employees are, for example, performance reviews and objectives from the supervisor. He can easily integrate tasks or work results that are relevant to cybersecurity. Especially, employees in leadership positions should be motivated because they often have an exemplary function towards other employees. • The employees should be concerned. By showing how easily hackers can create threats against the company and individuals, the employees are stimulated to care about security.

Suitability: It must be actually possible to implement the safeguards in practice, which means they must not impair the organizational procedures or bypass other security safeguards. • Practicality: The safeguards should be easy to understand, easy to apply, and not prone to errors. • Acceptance: All users must be able to use the safeguards (barrier-free), and the safeguards must not discriminate or adversely affect anyone. • Efficiency: With the resources used, the best possible results should be achieved.

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