Quantifying the Costs of Data Breaches
| Autor: | Siddharth Dongre, Manan Buddhadev, Carol J. Romanowski, Sumita Mishra |
|---|---|
| Přispěvatelé: | Rochester Institute of Technology, Jason Staggs, Sujeet Shenoi, TC 11, WG 11.10 |
| Rok vydání: | 2019 |
| Předmět: |
021110 strategic
defence & security studies Actuarial science media_common.quotation_subject 0211 other engineering and technologies 02 engineering and technology Data breach Discount points Security controls Cost analysis 0202 electrical engineering electronic engineering information engineering Consumers [INFO]Computer Science [cs] 020201 artificial intelligence & image processing Business Data breaches Providers Function (engineering) media_common |
| Zdroj: | IFIP Advances in Information and Communication Technology ISBN: 9783030346461 Critical Infrastructure Protection IFIP Advances in Information and Communication Technology 13th International Conference on Critical Infrastructure Protection (ICCIP) 13th International Conference on Critical Infrastructure Protection (ICCIP), Mar 2019, Arlington, VA, United States. pp.3-16, ⟨10.1007/978-3-030-34647-8_1⟩ |
| DOI: | 10.1007/978-3-030-34647-8_1 |
| Popis: | Part 1: Themes and Issues; International audience; Recent years have seen increases in the number of data breaches. This chapter attempts to quantify the impacts of data breaches in terms of the monetary costs incurred by providers and consumers. This is important because data breaches are a major factor when allocating funds for security controls. Case studies involving the Equifax incident in 2017 and the Target incident in 2013 are employed to demonstrate that the cost impacts of data breaches are significant for providers as well as consumers. The cost components in the overall cost function for providers and consumers are presented. Guided by open-source data, the cost components in the provider portion of the cost function are expressed as best-fit functions of time since the data breach. An important point in the cost quantification is that equal weights are assigned to the costs incurred by the provider and the consumers. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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