Assessing and Forecasting Cybersecurity Impacts

Aitor Couce-Vieira, David Rios Insua () and Alex Kosgodagan ()
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David Rios Insua: Instituto de Ciencias Matemáticas, Consejo Superior de Investigaciones Científicas, Madrid 28049, Spain; School of Management, University of Shanghai for Science and Technology, Shanghai 200093, P.R. China
Alex Kosgodagan: Instituto de Ciencias Matemáticas, Consejo Superior de Investigaciones Científicas, Madrid 28049, Spain

Decision Analysis, 2020, vol. 17, issue 4, 356-374

Abstract: Cyberattacks constitute a major threat to most organizations. Beyond financial consequences, they may entail multiple impacts that need to be taken into account when making risk management decisions to allocate the required cybersecurity resources. Experts have traditionally focused on a technical perspective of the problem by considering impacts in relation with the confidentiality, integrity, and availability of information. We adopt a more comprehensive approach identifying a broader set of generic cybersecurity objectives, the corresponding set of attributes, and relevant forecasting and assessment models. These are used as basic ingredients for decision support in cybersecurity risk management.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ordeca:v:17:y:4:i:2020:p:356-374

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