Assessing and forecasting cybersecurity impacts

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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.

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Couce-Vieira, A., Insua, D. R., & Kosgodagan, A. (2020). Assessing and forecasting cybersecurity impacts. Decision Analysis, 17(4), 356–374. https://doi.org/10.1287/DECA.2020.0418

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