Publication result detail

Economic Aspects of Cybersecurity

VÁCLAVÍK, L.

Original Title

Economic Aspects of Cybersecurity

English Title

Economic Aspects of Cybersecurity

Type

Paper in proceedings (conference paper)

Original Abstract

The ever-increasing trend of the involvement of various computing tools in the reality of organisations of all sizes brings with it the need to evaluate their security, even in the context of the activities of the entity. Virtually all organisations try to eliminate the cyber risks that arise from the use of various ICT tools by using various security tools. The implementation of these techniques entails costs that need to be justified and evaluated from the perspectives of different stakeholder groups. This text will present selected indicators assessing cybersecurity in terms of the resources invested. In addition to these metrics, selected models evaluating security investments with respect to, among other things, the existence of vulnerabilities and threats will also be presented. As this is a complex discipline, the text concludes by recommending a comprehensive approach to addressing security assurance, taking into account the requirements of the organisation, the value of its assets, the level of vulnerability or the requirements of its stakeholders.

English abstract

The ever-increasing trend of the involvement of various computing tools in the reality of organisations of all sizes brings with it the need to evaluate their security, even in the context of the activities of the entity. Virtually all organisations try to eliminate the cyber risks that arise from the use of various ICT tools by using various security tools. The implementation of these techniques entails costs that need to be justified and evaluated from the perspectives of different stakeholder groups. This text will present selected indicators assessing cybersecurity in terms of the resources invested. In addition to these metrics, selected models evaluating security investments with respect to, among other things, the existence of vulnerabilities and threats will also be presented. As this is a complex discipline, the text concludes by recommending a comprehensive approach to addressing security assurance, taking into account the requirements of the organisation, the value of its assets, the level of vulnerability or the requirements of its stakeholders.

Keywords

cybersecurity, cyber attack, cyber investment, cyber threats, data security

Key words in English

cybersecurity, cyber attack, cyber investment, cyber threats, data security

Authors

VÁCLAVÍK, L.

Released

01.02.2023

Publisher

THE BUCHAREST UNIVERSITY OF ECONOMIC STUDIES

Location

Bucharest

Book

PROCEEDINGS OF THE 16th INTERNATIONAL MANAGEMENT CONFERENCE

ISBN

2286-1440

Periodical

Proceedings of the ... International Management Conference

Volume

1

Number

16

State

Romania

Pages from

430

Pages to

438

Pages count

10

URL

http://conference.management.ase.ro/archives/2022/pdf_IMC_2022/3_2.pdf

BibTex

@inproceedings{BUT178814,
  author="Lukáš {Václavík}",
  title="Economic Aspects of Cybersecurity",
  booktitle="PROCEEDINGS OF THE 16th INTERNATIONAL MANAGEMENT CONFERENCE",
  year="2023",
  journal="Proceedings of the ... International Management Conference",
  volume="1",
  number="16",
  pages="430--438",
  publisher="THE BUCHAREST UNIVERSITY OF ECONOMIC STUDIES",
  address="Bucharest",
  doi="10.24818/IMC/2022/03.02",
  issn="2286-1440",
  url="http://conference.management.ase.ro/archives/2022/pdf_IMC_2022/3_2.pdf"
}