The Life Cycle Model of Cyber-economics
DOI:
https://doi.org/10.14738/abr.812.9507Keywords:
Cybersecurity, Risk management, Cyber economics, Metrics, Key processing areas, Human thinking processAbstract
The exponential increase in modern technological advancements within the business world, is impacting every national economy from different directions/perspectives. This research work focuses on main issues behind cyber economics along with cyber-economic values; based on cyber events and their associated financial damages. It also made a comparative study between cyber and financial metrics, based on a professional look at cybersecurity in modern digital firms. Then it emphasizes on the role of applied and behavioral economics, in digital forms. Finally propose a model for cyber economic growth vital for modern digital firms
References
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2. Srinivas Nowduri, Critical Thinking Skills and Best Practices for Cyber Security, International Journal of Cyber Security and Digital Forensics, Vol. 7, No.4, September, 2018 (http://sdiwc.net/ijcsdf/Coming-Issue.php?vol=7&issue=4)
3. https://www.whitehouse.gov/articles/fighting-cybersecurity-threats-to-the-growing-economy/ Feb 21, 2018
4. https://www.alluresecurity.com/2019/03/27/the-economic-impact-of-cybersecurity/#:~:text=As%20the%20world%20grapples%20with,in%20more%20demand%20than%20ever.&text=Privacy%20and%20security%20are%20now,well%20as%20the%20larger%20economy.
5. https://discover.cisco.com/en/us/security/whitepaper/cybersecurity
6. https://securityscorecard.com/blog/9-cybersecurity-metrics-kpis-to-track
7. https://online.hbs.edu/blog/post/financial-performance-measures
8. https://medium.com/@rvescio03/cyber-economics-the-three-most-relevant-values-8cda391a2f89
9. https://www.executech.com/insight/top-15-types-of-cybersecurity-attacks-how-to-prevent-them/
10. https://www.americanexpress.com/en-us/business/trends-and-insights/articles/7-business-risks-every-business-should-plan-for/
11. https://cybersecurityventures.com/hackerpocalypse-cybercrime-report-2016/
12. https://www.oecd-ilibrary.org/docserver/9789264282148-4-en.pdf
13. https://www.afcea.org/committees/cyber/documents/cybereconfinal.pdf
14. https://www.heritage.org/cybersecurity/commentary/major-threat-our-economy-three-cyber-trends-the-us-must-address-protect
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Published
2020-12-25
How to Cite
Nowduri, S. (2020). The Life Cycle Model of Cyber-economics. Archives of Business Research, 8(12), 63–72. https://doi.org/10.14738/abr.812.9507
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