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QBER: Quantifying Cyber Risks for Strategic Decisions
May 7, 2024, 4:11 a.m. | Muriel Figueredo Franco, Aiatur Rahaman Mullick, Santosh Jha
cs.CR updates on arXiv.org arxiv.org
Abstract: Quantifying cyber risks is essential for organizations to grasp their vulnerability to threats and make informed decisions. However, current approaches still need to work on blending economic viewpoints to provide insightful analysis. To bridge this gap, we introduce QBER approach to offer decision-makers measurable risk metrics. The QBER evaluates losses from cyberattacks, performs detailed risk analyses based on existing cybersecurity measures, and provides thorough cost assessments. Our contributions involve outlining cyberattack probabilities and risks, identifying …
analysis arxiv bridge cs.ce cs.cr current cyber decision economic gap makers metrics offer organizations risk risks strategic threats viewpoints vulnerability work
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