Digital Asset Valuation and Cyber Risk Measurement

Digital Asset Valuation and Cyber Risk Measurement
Author: Keyun Ruan
Publsiher: Academic Press
Total Pages: 186
Release: 2019-05-15
ISBN 10: 0128121580
ISBN 13: 9780128121580
Language: EN, FR, DE, ES & NL

Digital Asset Valuation and Cyber Risk Measurement Book Review:

Digital Asset Valuation and Cyber Risk Measurement: Principles of Cybernomics is a book about the future of risk and the future of value. It examines the indispensable role of economic modelling in the future of digitization, thus providing industry professionals with the tools they need to optimize the management of financial risks associated with this mega trend. The book addresses three problem areas: the valuation of digital assets, measurement of risk exposures of digital valuables, and economic modelling for the management of such risks. Employing a pair of novel cyber risk measurement units, bitmort and hekla, the book covers areas of value, risk, control and return, each of which are viewed from the perspective of entity (e.g., individual, organisation, business), portfolio (e.g., industry sector, nation-state) and global ramifications. Establishing adequate, holistic and statistically robust data points on the entity, portfolio and global levels for the development of a cybernomics databank is essential for the resilience of our shared digital future. This book also argues existing economic value theories no longer apply to the digital era due to the unique characteristics of digital assets. It introduces six laws of digital theory of value, with the aim to adapt economic value theories to the digital and machine era. Comprehensive literature review on existing digital asset valuation models, cyber risk management methods, security control frameworks, and economics of information security Discusses the implication of classical economic theories under the context of digitization, as well as the impact of rapid digitization on the future of value Analyses the fundamental attributes and measurable characteristics of digital assets as economic goods Discusses the scope and measurement of digital economy Highlights cutting-edge risk measurement practices regarding cyber security risk management Introduces novel concepts, models and theories, including opportunity value, Digital Valuation Model, six laws of digital theory of value, Cyber Risk Quadrant, and most importantly, cyber risk measures hekla and bitmort Introduces cybernomics, i.e., the integration of cyber risk management and economics to study the requirements of a databank in order to improve risk analytics solutions for 1) the valuation of digital assets, 2) the measurement of risk exposure of digital assets, and 3) the capital optimisation for managing residual cyber risk Provides a case study on cyber insurance

Managing Cyber Risk

Managing Cyber Risk
Author: Ariel Evans
Publsiher: Routledge
Total Pages: 118
Release: 2019-03-28
ISBN 10: 0429614268
ISBN 13: 9780429614262
Language: EN, FR, DE, ES & NL

Managing Cyber Risk Book Review:

Cyber risk is the second highest perceived business risk according to U.S. risk managers and corporate insurance experts. Digital assets now represent over 85% of an organization’s value. In a survey of Fortune 1000 organizations, 83% surveyed described cyber risk as an organizationally complex topic, with most using only qualitative metrics that provide little, if any insight into an effective cyber strategy. Written by one of the foremost cyber risk experts in the world and with contributions from other senior professionals in the field, Managing Cyber Risk provides corporate cyber stakeholders – managers, executives, and directors – with context and tools to accomplish several strategic objectives. These include enabling managers to understand and have proper governance oversight of this crucial area and ensuring improved cyber resilience. Managing Cyber Risk helps businesses to understand cyber risk quantification in business terms that lead risk owners to determine how much cyber insurance they should buy based on the size and the scope of policy, the cyber budget required, and how to prioritize risk remediation based on reputational, operational, legal, and financial impacts. Directors are held to standards of fiduciary duty, loyalty, and care. These insights provide the ability to demonstrate that directors have appropriately discharged their duties, which often dictates the ability to successfully rebut claims made against such individuals. Cyber is a strategic business issue that requires quantitative metrics to ensure cyber resiliency. This handbook acts as a roadmap for executives to understand how to increase cyber resiliency and is unique since it quantifies exposures at the digital asset level.

Digital Security Risk Management for Economic and Social Prosperity OECD Recommendation and Companion Document

Digital Security Risk Management for Economic and Social Prosperity OECD Recommendation and Companion Document
Author: OECD
Publsiher: OECD Publishing
Total Pages: 72
Release: 2015-10-01
ISBN 10: 9264245472
ISBN 13: 9789264245471
Language: EN, FR, DE, ES & NL

Digital Security Risk Management for Economic and Social Prosperity OECD Recommendation and Companion Document Book Review:

This OECD Recommendation and its Companion Document provide guidance for all stakeholders on the economic and social prosperity dimensions of digital security risk.

Cyber Crime Security and Digital Intelligence

Cyber Crime  Security and Digital Intelligence
Author: Mark Johnson
Publsiher: Routledge
Total Pages: 304
Release: 2016-05-13
ISBN 10: 1317155343
ISBN 13: 9781317155348
Language: EN, FR, DE, ES & NL

Cyber Crime Security and Digital Intelligence Book Review:

Today's digital economy is uniquely dependent on the Internet, yet few users or decision makers have more than a rudimentary understanding of the myriad of online risks that threaten us. Cyber crime is one of the main threats to the integrity and availability of data and systems. From insiders to complex external attacks and industrial worms, modern business faces unprecedented challenges; and while cyber security and digital intelligence are the necessary responses to this challenge, they are understood by only a tiny minority. In his second book on high-tech risks, Mark Johnson goes far beyond enumerating past cases and summarising legal or regulatory requirements. He describes in plain, non-technical language how cyber crime has evolved and the nature of the very latest threats. He confronts issues that are not addressed by codified rules and practice guidelines, supporting this with over 30 valuable illustrations and tables. Written for the non-technical layman and the high tech risk manager alike, the book also explores countermeasures, penetration testing, best practice principles, cyber conflict and future challenges. A discussion of Web 2.0 risks delves into the very real questions facing policy makers, along with the pros and cons of open source data. In a chapter on Digital Intelligence readers are provided with an exhaustive guide to practical, effective and ethical online investigations. Cyber Crime, Security and Digital Intelligence is an important work of great relevance in today's interconnected world and one that nobody with an interest in either risk or technology should be without.

International Guide to Cyber Security

International Guide to Cyber Security
Author: Jody R. Westby
Publsiher: American Bar Association
Total Pages: 330
Release: 2004
ISBN 10: 9781590313329
ISBN 13: 1590313321
Language: EN, FR, DE, ES & NL

International Guide to Cyber Security Book Review:

The book discussess the categories of infrastucture that require protection. The issues associated with each, and the responsibilities of the public and private sector in securing this infrastructure.

Cybersecurity Readiness

Cybersecurity Readiness
Author: Dave Chatterjee
Publsiher: SAGE Publications
Total Pages: 336
Release: 2021-02-09
ISBN 10: 1071837354
ISBN 13: 9781071837351
Language: EN, FR, DE, ES & NL

Cybersecurity Readiness Book Review:

Cybersecurity has traditionally been the purview of information technology professionals, who possess specialized knowledge and speak a language that few outside of their department can understand. In our current corporate landscape, however, cybersecurity awareness must be an organization-wide management competency in order to mitigate major threats to an organization’s well-being—and be prepared to act if the worst happens. With rapidly expanding attacks and evolving methods of attack, organizations are in a perpetual state of breach and have to deal with this existential threat head-on. Cybersecurity preparedness is a critical and distinctive competency, and this book is intended to help students and practitioners develop and enhance this capability, as individuals continue to be both the strongest and weakest links in a cyber defense system. In addition to providing the non-specialist with a jargon-free overview of cybersecurity threats, Dr. Chatterjee focuses most of the book on developing a practical and easy-to-comprehend management framework and success factors that will help leaders assess cybersecurity risks, address organizational weaknesses, and build a collaborative culture that is informed and responsive. Through brief case studies, literature review, and practical tools, he creates a manual for the student and professional alike to put into practice essential skills for any workplace.

Trust Privacy and Security in Digital Business

Trust  Privacy and Security in Digital Business
Author: Stefanos Gritzalis,Edgar R. Weippl,Gabriele Kotsis,A Min Tjoa,Ismail Khalil
Publsiher: Springer Nature
Total Pages: 235
Release: 2020-09-13
ISBN 10: 3030589862
ISBN 13: 9783030589868
Language: EN, FR, DE, ES & NL

Trust Privacy and Security in Digital Business Book Review:

This book constitutes the refereed proceedings of the 17th International Conference on Trust, Privacy and Security in Digital Business, TrustBus 2020, held in Bratislava, Slovakia, in September 2020. The conference was held virtually due to the COVID-19 pandemic. The 11 full and 4 short papers presented were carefully reviewed and selected from 28 submissions. The papers are organized in the following topical sections: blockchain, cloud security/hardware; economics/privacy; human aspects; privacy; privacy and machine learning; trust.

Frontiers in Cyber Security

Frontiers in Cyber Security
Author: Guangquan Xu
Publsiher: Springer Nature
Total Pages: 135
Release: 2021
ISBN 10: 9811597391
ISBN 13: 9789811597398
Language: EN, FR, DE, ES & NL

Frontiers in Cyber Security Book Review:

Cybersecurity in Digital Transformation

Cybersecurity in Digital Transformation
Author: Dietmar P. F. Möller
Publsiher: Springer Nature
Total Pages: 135
Release: 2021
ISBN 10: 3030605701
ISBN 13: 9783030605704
Language: EN, FR, DE, ES & NL

Cybersecurity in Digital Transformation Book Review:

Enhancing the Role of Insurance in Cyber Risk Management

Enhancing the Role of Insurance in Cyber Risk Management
Author: OECD
Publsiher: OECD Publishing
Total Pages: 140
Release: 2017-12-08
ISBN 10: 9264282149
ISBN 13: 9789264282148
Language: EN, FR, DE, ES & NL

Enhancing the Role of Insurance in Cyber Risk Management Book Review:

This report provides an overview of the financial impact of cyber incidents, the coverage of cyber risk available in the insurance market, the challenges to market development and initiatives to address those challenges.

The Routledge Companion to Risk Crisis and Security in Business

The Routledge Companion to Risk  Crisis and Security in Business
Author: Kurt J. Engemann
Publsiher: Routledge
Total Pages: 484
Release: 2018-06-14
ISBN 10: 1317244281
ISBN 13: 9781317244288
Language: EN, FR, DE, ES & NL

The Routledge Companion to Risk Crisis and Security in Business Book Review:

Aware that a single crisis event can devastate their business, managers must be prepared for the worst from an expansive array of threats. The Routledge Companion to Risk, Crisis and Security in Business comprises a professional and scholarly collection of work in this critical field. Risks come in many varieties, and there is a growing concern for organizations to respond to the challenge. Businesses can be severely impacted by natural and man-made disasters including: floods, earthquakes, tsunami, environmental threats, terrorism, supply chain risks, pandemics, and white-collar crime. An organization’s resilience is dependent not only on their own system security and infrastructure, but also on the wider infrastructure providing health and safety, utilities, transportation, and communication. Developments in risk security and management knowledge offer a path towards resilience and recovery through effective leadership in crisis situations. The growing body of knowledge in research and methodologies is a basis for decisions to safeguard people and assets, and to ensure the survivability of an organization from a crisis. Not only can businesses become more secure through risk management, but an effective program can also facilitate innovation and afford new opportunities. With chapters written by an international selection of leading experts, this book fills a crucial gap in our current knowledge of risk, crisis and security in business by exploring a broad spectrum of topics in the field. Edited by a globally-recognized expert on risk, this book is a vital reference for researchers, professionals and students with an interest in current scholarship in this expanding discipline.

Cybersecurity in the Digital Age

Cybersecurity in the Digital Age
Author: Gregory A. Garrett
Publsiher: Aspen Publishers
Total Pages: 554
Release: 2018-12-17
ISBN 10: 1543808808
ISBN 13: 9781543808803
Language: EN, FR, DE, ES & NL

Cybersecurity in the Digital Age Book Review:

Produced by a team of 14 cybersecurity experts from five countries, Cybersecurity in the Digital Age is ideally structured to help everyone—from the novice to the experienced professional—understand and apply both the strategic concepts as well as the tools, tactics, and techniques of cybersecurity. Among the vital areas covered by this team of highly regarded experts are: Cybersecurity for the C-suite and Board of Directors Cybersecurity risk management framework comparisons Cybersecurity identity and access management – tools & techniques Vulnerability assessment and penetration testing – tools & best practices Monitoring, detection, and response (MDR) – tools & best practices Cybersecurity in the financial services industry Cybersecurity in the healthcare services industry Cybersecurity for public sector and government contractors ISO 27001 certification – lessons learned and best practices With Cybersecurity in the Digital Age, you immediately access the tools and best practices you need to manage: Threat intelligence Cyber vulnerability Penetration testing Risk management Monitoring defense Response strategies And more! Are you prepared to defend against a cyber attack? Based entirely on real-world experience, and intended to empower you with the practical resources you need today, Cybersecurity in the Digital Age delivers: Process diagrams Charts Time-saving tables Relevant figures Lists of key actions and best practices And more! The expert authors of Cybersecurity in the Digital Age have held positions as Chief Information Officer, Chief Information Technology Risk Officer, Chief Information Security Officer, Data Privacy Officer, Chief Compliance Officer, and Chief Operating Officer. Together, they deliver proven practical guidance you can immediately implement at the highest levels.

Assessing and Insuring Cybersecurity Risk

Assessing and Insuring Cybersecurity Risk
Author: Ravi Das
Publsiher: CRC Press
Total Pages: 166
Release: 2021-10-08
ISBN 10: 1000459977
ISBN 13: 9781000459975
Language: EN, FR, DE, ES & NL

Assessing and Insuring Cybersecurity Risk Book Review:

Remote workforces using VPNs, cloud-based infrastructure and critical systems, and a proliferation in phishing attacks and fraudulent websites are all raising the level of risk for every company. It all comes down to just one thing that is at stake: how to gauge a company’s level of cyber risk and the tolerance level for this risk. Loosely put, this translates to how much uncertainty an organization can tolerate before it starts to negatively affect mission critical flows and business processes. Trying to gauge this can be a huge and nebulous task for any IT security team to accomplish. Making this task so difficult are the many frameworks and models that can be utilized. It is very confusing to know which one to utilize in order to achieve a high level of security. Complicating this situation further is that both quantitative and qualitative variables must be considered and deployed into a cyber risk model. Assessing and Insuring Cybersecurity Risk provides an insight into how to gauge an organization’s particular level of cyber risk, and what would be deemed appropriate for the organization’s risk tolerance. In addition to computing the level of cyber risk, an IT security team has to determine the appropriate controls that are needed to mitigate cyber risk. Also to be considered are the standards and best practices that the IT security team has to implement for complying with such regulations and mandates as CCPA, GDPR, and the HIPAA. To help a security team to comprehensively assess an organization’s cyber risk level and how to insure against it, the book covers: The mechanics of cyber risk Risk controls that need to be put into place The issues and benefits of cybersecurity risk insurance policies GDPR, CCPA, and the the CMMC Gauging how much cyber risk and uncertainty an organization can tolerate is a complex and complicated task, and this book helps to make it more understandable and manageable.

The Cyber Risk Handbook

The Cyber Risk Handbook
Author: Domenic Antonucci
Publsiher: John Wiley & Sons
Total Pages: 448
Release: 2017-04-03
ISBN 10: 111930895X
ISBN 13: 9781119308959
Language: EN, FR, DE, ES & NL

The Cyber Risk Handbook Book Review:

Actionable guidance and expert perspective for real-world cybersecurity The Cyber Risk Handbook is the practitioner's guide to implementing, measuring and improving the counter-cyber capabilities of the modern enterprise. The first resource of its kind, this book provides authoritative guidance for real-world situations, and cross-functional solutions for enterprise-wide improvement. Beginning with an overview of counter-cyber evolution, the discussion quickly turns practical with design and implementation guidance for the range of capabilities expected of a robust cyber risk management system that is integrated with the enterprise risk management (ERM) system. Expert contributors from around the globe weigh in on specialized topics with tools and techniques to help any type or size of organization create a robust system tailored to its needs. Chapter summaries of required capabilities are aggregated to provide a new cyber risk maturity model used to benchmark capabilities and to road-map gap-improvement. Cyber risk is a fast-growing enterprise risk, not just an IT risk. Yet seldom is guidance provided as to what this means. This book is the first to tackle in detail those enterprise-wide capabilities expected by Board, CEO and Internal Audit, of the diverse executive management functions that need to team up with the Information Security function in order to provide integrated solutions. Learn how cyber risk management can be integrated to better protect your enterprise Design and benchmark new and improved practical counter-cyber capabilities Examine planning and implementation approaches, models, methods, and more Adopt a new cyber risk maturity model tailored to your enterprise needs The need to manage cyber risk across the enterprise—inclusive of the IT operations—is a growing concern as massive data breaches make the news on an alarmingly frequent basis. With a cyber risk management system now a business-necessary requirement, practitioners need to assess the effectiveness of their current system, and measure its gap-improvement over time in response to a dynamic and fast-moving threat landscape. The Cyber Risk Handbook brings the world's best thinking to bear on aligning that system to the enterprise and vice-a-versa. Every functional head of any organization must have a copy at-hand to understand their role in achieving that alignment.

Human Rights Responsibilities in the Digital Age

Human Rights Responsibilities in the Digital Age
Author: Jonathan Andrew,Frédéric Bernard
Publsiher: Bloomsbury Publishing
Total Pages: 320
Release: 2021-08-26
ISBN 10: 1509938842
ISBN 13: 9781509938841
Language: EN, FR, DE, ES & NL

Human Rights Responsibilities in the Digital Age Book Review:

This book examines the tangled responsibilities of states, companies, and individuals surrounding human rights in the digital age. Digital technologies have a huge impact – for better and worse – on human lives; while they can clearly enhance some human rights, they also facilitate a wide range of violations. States are expected to implement efficient measures against powerful private companies, but, at the same time, they are drawn to technologies that extend their own control over citizens. Tech companies are increasingly asked to prevent violations committed online by their users, yet many of their business models depend on the accumulation and exploitation of users' personal data. While civil society has a crucial part to play in upholding human rights, it is also the case that individuals harm other individuals online. All three stakeholders need to ensure that technology does not provoke the disintegration of human rights. Bringing together experts from a range of disciplines, including law, international relations, and journalism, this book provides a detailed analysis of the impact of digital technologies on human rights, which will be of interest to academics, research students and professionals concerned by this issue.

Roadmap to an Enterprise Security Program

Roadmap to an Enterprise Security Program
Author: Anonim
Publsiher: American Bar Association
Total Pages: 54
Release: 2005
ISBN 10: 9781590315019
ISBN 13: 1590315014
Language: EN, FR, DE, ES & NL

Roadmap to an Enterprise Security Program Book Review:

Cyber Risk Market Failures and Financial Stability

Cyber Risk  Market Failures  and Financial Stability
Author: Emanuel Kopp,Lincoln Kaffenberger,Nigel Jenkinson
Publsiher: International Monetary Fund
Total Pages: 36
Release: 2017-08-07
ISBN 10: 1484314131
ISBN 13: 9781484314135
Language: EN, FR, DE, ES & NL

Cyber Risk Market Failures and Financial Stability Book Review:

Cyber-attacks on financial institutions and financial market infrastructures are becoming more common and more sophisticated. Risk awareness has been increasing, firms actively manage cyber risk and invest in cybersecurity, and to some extent transfer and pool their risks through cyber liability insurance policies. This paper considers the properties of cyber risk, discusses why the private market can fail to provide the socially optimal level of cybersecurity, and explore how systemic cyber risk interacts with other financial stability risks. Furthermore, this study examines the current regulatory frameworks and supervisory approaches, and identifies information asymmetries and other inefficiencies that hamper the detection and management of systemic cyber risk. The paper concludes discussing policy measures that can increase the resilience of the financial system to systemic cyber risk.

Building the Digital Enterprise

Building the Digital Enterprise
Author: Mark Skilton
Publsiher: Springer
Total Pages: 230
Release: 2016-04-29
ISBN 10: 1137477725
ISBN 13: 9781137477729
Language: EN, FR, DE, ES & NL

Building the Digital Enterprise Book Review:

The digital economy is at a tipping point. This practical book defines digital ecosystems, discusses digital design using converging technologies of social networking, mobility, big data and cloud computing, and provides a methods for linking digital technologies together to meet the challenges of building a digital enterprise in the new economy.

Ten Strategies of a World Class Cybersecurity Operations Center

Ten Strategies of a World Class Cybersecurity Operations Center
Author: Carson Zimmerman
Publsiher: Unknown
Total Pages: 135
Release: 2014-07-01
ISBN 10: 9780692243107
ISBN 13: 0692243100
Language: EN, FR, DE, ES & NL

Ten Strategies of a World Class Cybersecurity Operations Center Book Review:

Ten Strategies of a World-Class Cyber Security Operations Center conveys MITRE's accumulated expertise on enterprise-grade computer network defense. It covers ten key qualities of leading Cyber Security Operations Centers (CSOCs), ranging from their structure and organization, to processes that best enable smooth operations, to approaches that extract maximum value from key CSOC technology investments. This book offers perspective and context for key decision points in structuring a CSOC, such as what capabilities to offer, how to architect large-scale data collection and analysis, and how to prepare the CSOC team for agile, threat-based response. If you manage, work in, or are standing up a CSOC, this book is for you. It is also available on MITRE's website, www.mitre.org.

Optimal Spending on Cybersecurity Measures

Optimal Spending on Cybersecurity Measures
Author: Tara Kissoon
Publsiher: Routledge
Total Pages: 164
Release: 2021-07-26
ISBN 10: 1000440761
ISBN 13: 9781000440768
Language: EN, FR, DE, ES & NL

Optimal Spending on Cybersecurity Measures Book Review:

This book explores the strategic decisions made by organizations when implementing cybersecurity controls and leveraging economic models and theories from the economics of information security and risk-management frameworks. Based on unique and distinct research completed within the field of risk-management and information security, this book provides insight into organizational risk management processes utilized in determining cybersecurity investments. It describes how theoretical models and frameworks rely on either specific scenarios or controlled conditions and how decisions on cybersecurity spending within organizations, specifically the funding available in comparison to the recommended security measures necessary for compliance, vary depending on stakeholders. As the trade-off between the costs of implementing a security measure and the benefit derived from the implementation of security controls is not easily measured, a business leader’s decision to fund security measures may be biased. The author presents an innovative approach to assess cyber security initiatives with a risk-management perspective and leverages a data-centric focus on the evolution of cyber-attacks. This book is ideal for business school students and technology professionals with an interest in risk management.