Cost-Effectiveness of Security Measures: A Model-Based Framework

@inproceedings{Pieters2014CostEffectivenessOS,
  title={Cost-Effectiveness of Security Measures: A Model-Based Framework},
  author={Wolter Pieters and Christian W. Probst and Zofia Lukszo and Lorena Montoya},
  year={2014}
}
Recently, cyber security has become an important topic on the agenda of many organisations. It is already widely acknowledged that attacks do happen, and decision makers face the problem of how to respond. As it is almost impossible to secure a complex system completely, it is important to have an adequate estimate of the effectiveness of security measures when making investment decisions. Risk concepts are known in principle, but estimating the effectiveness of countermeasure proves to be… CONTINUE READING

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