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Paper Number

1133

Theme Table

7

Abstract

The importance of cybersecurity has increased in recent years and more and more organizations have to invest in cybersecurity. The problem organizations face is in determining how large an investment they need to make. A number of studies have tried to address this by using cybersecurity risk analysis and using it to help determine the amount of investment. In this research we propose an model for cybersecurity investment based on the business impact of cyberattacks. Our model focuses on the mechanism of cyberattacks and identifies the critical factors that have a significant impact on the organization’s business. To improve the accuracy of the prediction, we continue to research the previous studies and gather more case studies to enhance and validate this model.

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