Cybersecurity Investment Guidance: Extensions of the Gordon and Loeb Model

dc.contributor.authorFarrow, Scott
dc.contributor.authorSzanton, Jules
dc.date.accessioned2021-08-09T19:07:05Z
dc.date.available2021-08-09T19:07:05Z
dc.date.issued2016-03-16
dc.description.abstractExtensions of the Gordon-Loeb [1] and the Gordon-Loeb-Lucyshyn-Zhou [2] models are presented based on mathematical equivalency with a generalized homeland security model. The extensions include limitations on changes in the probability of attack, simultaneous effects on probability and loss, diversion of attack, and shared non-information defenses. Legal cases are then investigated to assess approximate magnitudes of external effects and the extent they are internalized by the legal system.en_US
dc.description.sponsorshipAppreciation is extended to Larry Gordon, Anupam Joshi, Marty Loeb, Markus Rauschecker, Matt Shabat and an anonymous referee for comments and to Andrew Naviasky for research assistance; to the University of Maryland Center on Health and Homeland Security for coordination of the legal research and to the Department of Homeland Security Cyber Security and Communications division for short term space. Funding was provided by the Department of Homeland Security National Center on the Risk and Economics of Terrorism Events (CREATE).en_US
dc.description.urihttps://www.scirp.org/journal/paperinformation.aspx?paperid=64591en_US
dc.format.extent14 pagesen_US
dc.genrejournal articlesen_US
dc.identifierdoi:10.13016/m2yriz-fu0y
dc.identifier.citationFarrow, Scott; Szanton, Jules; Cybersecurity Investment Guidance: Extensions of the Gordon and Loeb Model; Journal of Information Security, Vol.7, No.2,pp 15-28, 16 March, 2016; http://dx.doi.org/10.4236/jis.2016.72002en_US
dc.identifier.urihttp://dx.doi.org/10.4236/jis.2016.72002
dc.identifier.urihttp://hdl.handle.net/11603/22349
dc.language.isoen_USen_US
dc.publisherScientific Research Publishingen_US
dc.relation.isAvailableAtThe University of Maryland, Baltimore County (UMBC)
dc.relation.ispartofUMBC Economics Department Collection
dc.relation.ispartofUMBC Faculty Collection
dc.rightsThis item is likely protected under Title 17 of the U.S. Copyright Law. Unless on a Creative Commons license, for uses protected by Copyright Law, contact the copyright holder or the author.en_US
dc.rightsAttribution 4.0 International (CC BY 4.0)*
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/*
dc.titleCybersecurity Investment Guidance: Extensions of the Gordon and Loeb Modelen_US
dc.typeTexten_US
dcterms.creatorhttps://orcid.org/0000-0001-7106-8924en_US

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