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- Gordon-Loeb_Model abstract "The Gordon-Loeb /ˈgȯr-dən ˈlōb/ model is a mathematical economic model analyzing the optimal investment level in information security. From the model, one can conclude that the amount a firm spends to protect information should generally be only a small fraction of the expected loss (i.e., the expected value of the loss resulting from a cyber/information security breach). More specifically, the model shows that it is generally uneconomical to invest in information security activities (including cybersecurity related activities) more than 37 percent of the expected loss that would occur from a security breach. The Gordon-Loeb Model also shows that, for a given level of potential loss, the optimal amount to spend to protect an information set does not always increase with increases in the information set’s vulnerability. In other words, organizations may derive a higher return on their security activities by investing in cyber/information security activities that are directed at improving the security of information sets with a medium level of vulnerability.The Gordon-Loeb Model was first published by Lawrence A. Gordon and Martin P. Loeb in their 2002 paper, in ACM Transactions on Information and System Security, entitled "The Economics of Information Security Investment." The paper was reprinted in the 2004 book Economics of Information Security. Drs. Gordon and Loeb are both Professors at the University of Maryland's Robert H. Smith School of Business.The Gordon-Loeb Model is one of the most well accepted analytical models in the "economics of cyber/information security" literature. The Model has been widely referenced in the academic and practitioner literature. The Model has also been empirically tested in several different settings. Research by mathematicians Marc Lelarge and Yuliy Baryshnikov generalized the results of the Gordon-Loeb Model.The Gordon-Loeb Model has been featured in the popular press, such as The Wall Street Journal and The Financial Times.".
- Gordon-Loeb_Model wikiPageExternalLink tissec.acm.org.
- Gordon-Loeb_Model wikiPageExternalLink 978-1-4020-8089-0.
- Gordon-Loeb_Model wikiPageID "42709337".
- Gordon-Loeb_Model wikiPageLength "6230".
- Gordon-Loeb_Model wikiPageOutDegree "15".
- Gordon-Loeb_Model wikiPageRevisionID "668871401".
- Gordon-Loeb_Model wikiPageWikiLink Category:Computer_security.
- Gordon-Loeb_Model wikiPageWikiLink Category:Data_security.
- Gordon-Loeb_Model wikiPageWikiLink Category:Economics.
- Gordon-Loeb_Model wikiPageWikiLink Computer_security.
- Gordon-Loeb_Model wikiPageWikiLink Cybersecurity.
- Gordon-Loeb_Model wikiPageWikiLink Economic_model.
- Gordon-Loeb_Model wikiPageWikiLink Expected_value.
- Gordon-Loeb_Model wikiPageWikiLink Financial_Times.
- Gordon-Loeb_Model wikiPageWikiLink Information_security.
- Gordon-Loeb_Model wikiPageWikiLink Lawrence_A._Gordon.
- Gordon-Loeb_Model wikiPageWikiLink Martin_P._Loeb.
- Gordon-Loeb_Model wikiPageWikiLink Robert_H._Smith_School_of_Business.
- Gordon-Loeb_Model wikiPageWikiLink Security.
- Gordon-Loeb_Model wikiPageWikiLink Security_breach.
- Gordon-Loeb_Model wikiPageWikiLink The_Financial_Times.
- Gordon-Loeb_Model wikiPageWikiLink The_Wall_Street_Journal.
- Gordon-Loeb_Model wikiPageWikiLink University_of_Maryland.
- Gordon-Loeb_Model wikiPageWikiLink University_of_Maryland,_College_Park.
- Gordon-Loeb_Model wikiPageWikiLink Vulnerability_(computing).
- Gordon-Loeb_Model wikiPageWikiLinkText "Gordon-Loeb Model".
- Gordon-Loeb_Model wikiPageWikiLinkText "Gordon-Loeb model".
- Gordon-Loeb_Model hasPhotoCollection Gordon-Loeb_Model.
- Gordon-Loeb_Model wikiPageUsesTemplate Template:Reflist.
- Gordon-Loeb_Model subject Category:Computer_security.
- Gordon-Loeb_Model subject Category:Data_security.
- Gordon-Loeb_Model subject Category:Economics.
- Gordon-Loeb_Model hypernym Model.
- Gordon-Loeb_Model type Person.
- Gordon-Loeb_Model comment "The Gordon-Loeb /ˈgȯr-dən ˈlōb/ model is a mathematical economic model analyzing the optimal investment level in information security. From the model, one can conclude that the amount a firm spends to protect information should generally be only a small fraction of the expected loss (i.e., the expected value of the loss resulting from a cyber/information security breach).".
- Gordon-Loeb_Model label "Gordon-Loeb Model".
- Gordon-Loeb_Model sameAs m.010hpm79.
- Gordon-Loeb_Model sameAs Q16912001.
- Gordon-Loeb_Model sameAs Q16912001.
- Gordon-Loeb_Model sameAs 戈登-洛布模型.
- Gordon-Loeb_Model wasDerivedFrom Gordon-Loeb_Model?oldid=668871401.
- Gordon-Loeb_Model isPrimaryTopicOf Gordon-Loeb_Model.