Cost-Benefit Analysis Of Cyber Security Investments
This paper aims to identify key elements of investment in digital security and the changes in the current and future financial landscape regarding the rate of return on created network security capital. Cybersecurity cost and benefits Using a cost-benefit analysis framework and a Kaggle database set the twin challenge of protecting and preserving an organization’s information capital while simultaneously enabling access to IT resources by different users can be immense from a financial point of view. Highlighted areas for further study include regulatory compliance and risk management as well as investment prospects and their outcomes in various organizations, which can be considered as the major outline of the analysis. The report reveals the deficiencies of the literature indicating the need for more thorough research topics. It includes agile software security integration and industrial IoT risk evaluation. These quantitative approaches resulted in vital policy recommendations for the decision-makers, and thus, the role of constant monitoring and risk management was accentuated. Thus, the adaption splits cover some areas such as investment types, job profiles, year/industry-wise trend analysis, and investment analysis from the cost-benefit model 2021 to 2023. It reveals positive net cash flow in the future that reflects that organizations should allocate efforts and resources toward cybersecurity as these augments the financial capacity and reduce vulnerability. It helps to stress that more theoretical models should be applied not as mere concepts but as a base for practical recommendations that can be useful for various companies and organizations of different sizes and from different sectors. The issues cover the appraisal of the return on network security capital, the issues at Markun CFOs, the technology debts of finance, and applying digital twin compliance for the built environment.
Publication Details
- Journal
- KTH Publication Database DiVA (KTH Royal Institute of Technology)
- Published
- 2025-01-01
- Primary Topic
- Information and Cyber Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00