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A Concept for Ontology-Based Value of Cybersecurity Knowledge

Author

Listed:
  • Aviad Adiel

    (Poznan University of Economics, Poznan, Poland)

  • Węcel Krzysztof

    (Poznan University of Economics, Poznan, Poland)

  • Abramowicz Witold

    (Poznan University of Economics, Poznan, Poland)

Abstract

This paper focuses on cybersecurity knowledge, claiming that this knowledge may have a value of its own, and suggests a market mechanism to foster the creation of this kind of value. The goal is to elaborate the value of cybersecurity knowledge and propose a semantic approach with an example model to enable better handling of the relevant body of knowledge and its value. The problem of attributing value to cybersecurity should be perceived as analogous to that in information technology. We have examined the relevant body of knowledge with a focus on its characteristics from the viewpoint of different types of market players and their interests. By applying our model, it is possible to increase the accessibility of knowledge and observe externalities from sharing thereof.

Suggested Citation

  • Aviad Adiel & Węcel Krzysztof & Abramowicz Witold, 2018. "A Concept for Ontology-Based Value of Cybersecurity Knowledge," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 54(1), pages 50-57, March.
    • Handle: RePEc:vrs:ijomae:v:54:y:2018:i:1:p:50-57:n:5
    DOI: 10.2478/ijme-2018-0005
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    References listed on IDEAS

    as
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    2. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
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    More about this item

    Keywords

    cybersecurity; threats; value; Semantic Web;
    All these keywords.

    JEL classification:

    • D46 - Microeconomics - - Market Structure, Pricing, and Design - - - Value Theory
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • D89 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Other

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