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Value analysis of cyber security based on attack types

Akbari Roumani, M., Fung, C.C.ORCID: 0000-0001-5182-3558, Rai, S. and Xie, H. (2016) Value analysis of cyber security based on attack types. ITMSOC: Transactions on Innovation and Business Engineering, 1 . pp. 34-39.

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It is challenging to ensure security and to minimize economic impacts due to cyber-attacks because of the heavy reliance on ICT in different organizations and this paper presents an approach to estimate the cost of cyber security in public and private sector organizations. The paper also describes an approach for selecting the type of cyber security improvements to ensure that organizational goals are achieved. Different types of cyber-attacks and the subsequent impacts of these attacks are considered. A Value Analysis method is proposed to support the decision-making process by determining the priorities of deployment of various cyber security technologies. The proposed method is based on security costs related to and the losses due to attacks. Examples are provided in the paper to illustrate the proposed approach.

Item Type: Journal Article
Murdoch Affiliation(s): School of Engineering and Information Technology
Publisher: ITMSOC Working Group
Copyright: © 2016 ITMSOC Working Group.
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