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23426 Cost-effectiveness of Security Measures: A model-based Framework
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Pieters, W. and Probst, C.W. and Lukszo, S. and Montoya Morales, A.L. (2014) Cost-effectiveness of Security Measures: A model-based Framework. In: Approaches and Processes for Managing the Economics of Information Systems. IGI Global, Hershey, PA, pp. 139-156. ISBN 978-1-4666-4983-5

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Official URL: http://dx.doi.org/10.4018/978-1-4666-4983-5.ch009

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Abstract

Recently, cyber security has become an important topic on the agenda of many organisations. It is already widely acknowledged that attacks do happen, and decision makers face the problem of how to respond. As it is almost impossible to secure a complex system completely, it is important to have an adequate estimate of the effectiveness of security measures when making investment decisions. Risk concepts are known in principle, but estimating the effectiveness of countermeasure proves to be difficult and cannot be achieved by qualitative approaches only. In this chapter, we consider the question of how to guarantee
cost-effectiveness of security measures. We investigate the possibility of using existing frameworks and tools, the challenges in a security context as opposed to a safety context, and directions for future research.

Item Type:Book Section
Research Group:EWI-SCS: Services, Cyber security and Safety, MB-IEBIS: Industrial Engineering and Business Information Systems
Research Program:CTIT-ISTRICE: Integrated Security and Privacy in a Networked World, UT-CST: Crime Science Twente
Research Project:TREsPASS: Technology-supported Risk Estimation By Predictive Assessment Of Socio-technical Security
Additional Information:Foreground = 100%; Type of activity = Publication; Main leader = UT; Type of audience = scientific community; Size of audience = n.a.; Countries addressed = international;
ID Code:23426
Status:Published
Deposited On:19 June 2013
Refereed:Yes
International:Yes
More Information:statisticsmetis

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