Managing Cybersecurity Resources; A Cost-Benefit Analysis

xi, [1], 223, [5] pages. Footnotes. Figures. Tables. Glossary. Acronyms. References. Selected Annotated bibliography. Index. Signed with first name only with sentiment (Best wishes,) by both authors. Lawrence A. Gordon is the EY Alumni Professor of Managerial Accounting and Information Assurance at the University of Maryland's Robert H. Smith School of Business. Gordon earned his Ph.D. in Managerial Economics from Rensselaer Polytechnic Institute. Gordon's research focuses on such issues as economic aspects of information security (including cybersecurity or computer security), corporate performance measures, cost management systems, and capital investments. Martin P. Loeb is the Deloitte & Touche Faculty Fellow and Professor of Accounting and Information Assurance (AIA) at the Robert H. Smith School of Business at the University of Maryland, College Park. Loeb received his Ph.D. from the Managerial Economics and Decision Sciences (MEDS) group at Northwestern University's Kellogg School of Management. Loeb's research focuses on economic aspects of information security, the interface between managerial accounting and information technology, and the effect of regulation on cyber security. With Lawrence A. Gordon, he developed a model that provides a mathematical economic approach for deriving an organization's optimal investment level in cybersecurity. That Gordon-Loeb model, has been featured in The Wall Street Journal and The Financial Times. Gordon and Loeb also co-authored Managing Cybersecurity Resources: A Cost-Benefit Analysis. Breaches in cybersecurity are on the rise. Between 1998 and 2003, reported cybersecurity incidents increased over thirty-fold. Well-publicized information security breaches have made cybersecurity a critical and timely topic for the general public, as well as for corporations, not-for-profit organizations and the government. As a result, organizations need to be able to make the business case for spending the right amount on cybersecurity. They also need to know how to efficiently allocate these funds to specific cybersecurity activities. Managing Cybersecurity Resources is the first book to specifically focus on providing a framework for understanding how to use economic and financial management tools in helping to address these important issues. The McGraw-Hill Homeland Security Series draws on frontline government, military, and business experts to detail what individuals and businesses can and must do to understand and move forward in this challenging new environment. Books in this timely and noteworthy series will cover everything from the balance between freedom and safety to strategies for protection of intellectual, business, and personal property to structures and goals of terrorist groups including Al-Qaeda.…