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Contribution Details
| Type | Bachelor's Thesis |
| Scope | Discipline-based scholarship |
| Title | A Gordon-Loeb-based Visual Tool for Cybersecurity Investments |
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| Institution | University of Zurich |
| Faculty | Faculty of Business, Economics and Informatics |
| Date | 2022 |
| Abstract Text | As digital dependency increases, companies are becoming more exposed to cybersecu- rity threats. Cybersecurity has become a critical factor for companies that depend on information systems. Therefore, companies are interested in implementing appropriate cybersecurity solutions to reduce the risk of a successful cyberattack. If these invest- ments are done incorrectly or not at all, the consequences can be devastating. Successful attacks can lead to system failures and data theft, often resulting in financial loss and damage to the company’s reputation. However, it is difficult for a company to evaluate how much money they should invest in cybersecurity and in which measures they should invest. Since budgets are often limited, companies aim for the highest level of security while keeping costs as low as possible. The goal of this thesis is therefore to develop a visual tool for cybersecurity investments. The tool supports the calculation of the optimal cybersecurity investment for different business areas. It also provides the user with suit- able cybersecurity measures. Furthermore, it shows the user the calculated profitability of the various security investments. |
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