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The Gordon–Loeb model is a mathematical economic model analyzing the optimal investment level in information security . The primary benefits from cybersecurity investments result from the cost savings associated with cyber breaches that are prevented due to the investment. However, as with any investment, it is important to compare the ...
Economics of information security includes models of the strictly rational “ homo economicus ” as well as behavioral economics. Economics of security addresses individual and organizational decisions and behaviors with respect to security and privacy as market decisions. Economics of security addresses a core question: why do agents choose ...
Cyber risk quantification involves the application of risk quantification techniques to an organization's cybersecurity risk. Cyber risk quantification is the process of evaluating the cyber risks that have been identified and then validating, measuring and analyzing the available cyber data using mathematical modeling techniques to accurately represent the organization's cybersecurity ...
Cyber-security regulation. A cybersecurity regulation comprises directives that safeguard information technology and computer systems with the purpose of forcing companies and organizations to protect their systems and information from cyberattacks like viruses, worms, Trojan horses, phishing, denial of service (DOS) attacks, unauthorized ...
An example of a physical security measure: a metal lock on the back of a personal computer to prevent hardware tampering. Computer security (also cybersecurity, digital security, or information technology (IT) security) is the protection of computer software, systems and networks from threats that may result in unauthorized information disclosure, theft of (or damage to) hardware, software, or ...
The Risk Management Framework (RMF) is a United States federal government guideline, standard and process for risk management to help secure information systems (computers and networks) developed by National Institute of Standards and Technology (NIST). The RMF, illustrated in the diagram to the right, provides a disciplined and structured ...
NIST Cybersecurity Framework ( CSF) is a set of guidelines for mitigating organizational cybersecurity risks, published by the US National Institute of Standards and Technology (NIST) based on existing standards, guidelines, and practices. [ 1] The framework "provides a high level taxonomy of cybersecurity outcomes and a methodology to assess ...
IT risk. Information technology risk, IT risk, IT-related risk, or cyber risk is any risk relating to information technology. [ 1] While information has long been appreciated as a valuable and important asset, the rise of the knowledge economy and the Digital Revolution has led to organizations becoming increasingly dependent on information ...