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Cybersecurity Investments

Decision Support Under Economic Aspects

  • Book
  • © 2016

Overview

  • Provides an essential
  • understanding of the threats and safeguards in cyberspace
  • Introduces a lifecycle
  • approach to cybersecurity investments, facilitating a structured decision making
  • Presents well-founded decision making techniques, enhancing transparency for the management
  • Introduces calculation methods for economic indicators in cybersecurity, allowing readers to make verified financial evaluations
  • Includes best practices for risk analysis
  • Includes supplementary material: sn.pub/extras

Part of the book series: Progress in IS (PROIS)

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Table of contents (7 chapters)

Keywords

About this book

This book offers readers essential orientation on cybersecurity safeguards, and first and foremost helps them find the right balance between financial expenditures and risk mitigation. This is achieved by pursuing a multi-disciplinary approach that combines well-founded methods from economics and the computer sciences. Established decision making techniques are embedded into a walk-through for the complete lifecycle of cybersecurity investments. Insights into the economic aspect of the costs and benefits of cybersecurity are supplemented by established and innovative economic indicators. Readers will find practical tools and techniques to support reasonable decision making in cybersecurity investments. Further, they will be equipped to encourage a common understanding using economic aspects, and to provide cost transparency for the senior management.

Authors and Affiliations

  • Bergisch Gladbach, Germany

    Stefan Beissel

About the author

Stefan Beissel, Ph.D., MBA, CISA, CISSP, PMP, holds a professorship in Information Systems at a university of applied sciences in Germany. He has many years of professional experience in Information Security and IT Audit at internationally operating companies.

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