Quantifying Cyber Security Risk Through Interest Rate Calculation in Debt Management

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Wydane w:International Conference on Cyber Warfare and Security (Mar 2025), p. 37
1. autor: Coetzer, Christo
Kolejni autorzy: Leenen, Louise
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Academic Conferences International Limited
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045 2 |b d20250301  |b d20250331 
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100 1 |a Coetzer, Christo  |u "University of the Western Cape, Cape Town, South Africa 
245 1 |a Quantifying Cyber Security Risk Through Interest Rate Calculation in Debt Management 
260 |b Academic Conferences International Limited  |c Mar 2025 
513 |a Conference Proceedings 
520 3 |a Abstract: This paper introduces a novel Interest Rate Calculation Model for cyber security risk quantification, addressing the challenges of cyber security debt management. The Interest Rate Calculation Model fills this void by offering a tangible financial measure of cyber risk accumulation, 2. According to Bederna and Szadeczky (2023) organisations can optimise their cyber security investments by adopting a risk-based approach that minimises costs while ensuring proportionate protection aligned with business value at risk. Existing cyber security risk frameworks such as Factor Analysis of Information Risk (FAIR) (The FAIR Institute, n.d), International Organization for Standardization / International Electrotechnical Commission (ISO/IEC) 27005 (ISO/IEC 27005, 2022), and National Institute of Standards and Technology (NIST) (NIST, 2018) provide structured methodologies for risk assessment but lack real-time financial quantification. 
610 4 |a National Institute of Standards & Technology 
653 |a Data integrity 
653 |a Collaboration 
653 |a Valuation 
653 |a Costs 
653 |a Communication 
653 |a Decision making 
653 |a Empowerment 
653 |a Cybersecurity 
653 |a Debt management 
653 |a Factor analysis 
653 |a Stakeholders 
653 |a Interest rates 
653 |a Cybercrime 
653 |a Real time 
653 |a Impact analysis 
653 |a Risk assessment 
653 |a Accountability 
700 1 |a Leenen, Louise  |u University of the Western Cape, Cape Town, South Africa 
773 0 |t International Conference on Cyber Warfare and Security  |g (Mar 2025), p. 37 
786 0 |d ProQuest  |t Political Science Database 
856 4 1 |3 Citation/Abstract  |u https://www.proquest.com/docview/3202190990/abstract/embedded/ZKJTFFSVAI7CB62C?source=fedsrch 
856 4 0 |3 Full Text  |u https://www.proquest.com/docview/3202190990/fulltext/embedded/ZKJTFFSVAI7CB62C?source=fedsrch 
856 4 0 |3 Full Text - PDF  |u https://www.proquest.com/docview/3202190990/fulltextPDF/embedded/ZKJTFFSVAI7CB62C?source=fedsrch