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Information security economics: cyber security threats

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  • Hojda Mihaela Hortensia

    (The Valahia University of Târgovişte, Târgovişte, Romania)

Abstract

This article takes into consideration cyber security economics to understand whether cyber security and economics is a partnership among equals or any of these two disciplines have the upper hand. Cyber security economics is more than just computer science, security studies and economics in a holistic way, it is a dynamic cross disciplinary matter involving psychology, forensic, sociology, etc. The argument is that there is no clear definition of cybersecurity, apart from a set of protocols that are highly technical, and when it comes to cyber security economics Gordon-Loeb model provides a good picture on the general image over the industry, yet, much more is ignored, as the costs of a cyber security attack to succeed is huge, save the hidden costs and other externalities. Apart from regulation establishing a common ground, information security economics is an under researched field of interest, especially as digital sovereignty act is about to be voted for, together with common rules Information security.

Suggested Citation

  • Hojda Mihaela Hortensia, 2022. "Information security economics: cyber security threats," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 16(1), pages 584-592, August.
    • Handle: RePEc:vrs:poicbe:v:16:y:2022:i:1:p:584-592:n:31
    DOI: 10.2478/picbe-2022-0056
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    References listed on IDEAS

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    1. Aureliana-Geta Roman & Mihaela Mocanu & Răzvan Hoinaru, 2019. "Disclosure Style and Its Determinants in Integrated Reports," Sustainability, MDPI, vol. 11(7), pages 1-16, April.
    2. Razvan HOINARU, 2017. "Follow the money. The impact of the illicit financial flows home and abroad. A common european-african perspective," Romanian Journal of Economics, Institute of National Economy, vol. 44(1(53)), pages 87-94, June.
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