1. THE NEW ECONOMICS OF INFORMATION SECURITY.
- Author
-
Gordon, Lawrence A. and Richardson, Robert
- Subjects
- *
COMPUTER security , *SECURITY systems , *NET present value , *RATE of return , *EXTERNALITIES , *COST effectiveness , *ECONOMICS - Abstract
Discusses the need for information security managers to examine the economics of security to protect their companies. Indirect costs and negative impact of lack of security on companies' reputations; Use of return on investment and net present value to economically justify information-security investments; Advantages of using net present value; Problem of externalities; Information sharing issues. INSET: CYBERCRIMES' TRUE PRICE: Crime may not pay, but someone has to....
- Published
- 2004