Digital Asset Valuation and Cyber Risk Measurement
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- Author : Keyun Ruan
- Publisher : Academic Press
- Release : 15 May 2019
- ISBN : 9780128121580
- Page : 186 pages
- Rating : 5/5 from 1 voters
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Digital Asset Valuation and Cyber Risk Measurement: Principles of Cybernomics is a book about the future of risk and the future of value. It examines the indispensable role of economic modelling in the future of digitization, thus providing industry professionals with the tools they need to optimize the management of financial risks associated with this mega trend. The book addresses three problem areas: the valuation of digital assets, measurement of risk exposures of digital valuables, and economic modelling for the management of such risks. Employing a pair of novel cyber risk measurement units, bitmort and hekla, the book covers areas of value, risk, control and return, each of which are viewed from the perspective of entity (e.g., individual, organisation, business), portfolio (e.g., industry sector, nation-state) and global ramifications. Establishing adequate, holistic and statistically robust data points on the entity, portfolio and global levels for the development of a cybernomics databank is essential for the resilience of our shared digital future. This book also argues existing economic value theories no longer apply to the digital era due to the unique characteristics of digital assets. It introduces six laws of digital theory of value, with the aim to adapt economic value theories to the digital and machine era. Comprehensive literature review on existing digital asset valuation models, cyber risk management methods, security control frameworks, and economics of information security Discusses the implication of classical economic theories under the context of digitization, as well as the impact of rapid digitization on the future of value Analyses the fundamental attributes and measurable characteristics of digital assets as economic goods Discusses the scope and measurement of digital economy Highlights cutting-edge risk measurement practices regarding cyber security risk management Introduces novel concepts, models and theories, including opportunity value, Digital Valuation Model, six laws of digital theory of value, Cyber Risk Quadrant, and most importantly, cyber risk measures hekla and bitmort Introduces cybernomics, i.e., the integration of cyber risk management and economics to study the requirements of a databank in order to improve risk analytics solutions for 1) the valuation of digital assets, 2) the measurement of risk exposure of digital assets, and 3) the capital optimisation for managing residual cyber risk Provides a case study on cyber insurance
Digital Asset Valuation and Cyber Risk Measurement
- Author : Keyun Ruan
- Publisher : Academic Press
- Release Date : 2019-05-15
- ISBN : 9780128121580
Digital Asset Valuation and Cyber Risk Measurement: Principles of Cybernomics is a book about the future of risk and the future of value. It examines the indispensable role of economic modelling in the future of digitization, thus providing industry professionals with the tools they need to optimize the management of financial risks associated with this mega trend. The book addresses three problem areas: the valuation of digital assets, measurement of risk exposures of digital valuables, and economic modelling for the
Digital Asset Valuation and Cyber Risk Measurement

- Author : Keyun Ruan
- Publisher : Unknown
- Release Date : 2019
- ISBN : OCLC:1125068456
Digital Asset Valuation and Cyber Risk Measurement: Principles of Cybernomics is a book about the future of risk and the future of value. It examines the indispensable role of economic modeling in the future of digitization, thus providing industry professionals with the tools they need to optimize the management of financial risks associated with this megatrend. The book addresses three problem areas: the valuation of digital assets, measurement of risk exposures of digital valuables, and economic modeling for the management
Managing Cyber Risk
- Author : Ariel Evans
- Publisher : Routledge
- Release Date : 2019-03-28
- ISBN : 9780429614262
Cyber risk is the second highest perceived business risk according to U.S. risk managers and corporate insurance experts. Digital assets now represent over 85% of an organization’s value. In a survey of Fortune 1000 organizations, 83% surveyed described cyber risk as an organizationally complex topic, with most using only qualitative metrics that provide little, if any insight into an effective cyber strategy. Written by one of the foremost cyber risk experts in the world and with contributions from other senior professionals
Measuring and Managing Information Risk
- Author : Jack Freund,Jack Jones
- Publisher : Butterworth-Heinemann
- Release Date : 2014-08-23
- ISBN : 9780127999326
Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide, Measuring and Managing Information Risk provides a proven and credible framework for understanding, measuring, and analyzing information risk of any size or complexity. Intended for organizations that need to either build a risk management program from the ground up or strengthen an existing one, this book provides a unique and fresh perspective on how to do a basic quantitative risk analysis. Covering
Infonomics
- Author : Douglas B. Laney
- Publisher : Routledge
- Release Date : 2017-09-05
- ISBN : 9781351610704
Many senior executives talk about information as one of their most important assets, but few behave as if it is. They report to the board on the health of their workforce, their financials, their customers, and their partnerships, but rarely the health of their information assets. Corporations typically exhibit greater discipline in tracking and accounting for their office furniture than their data. Infonomics is the theory, study, and discipline of asserting economic significance to information. It strives to apply both
Digital Asset A Complete Guide - 2019 Edition
- Author : Gerardus Blokdyk
- Publisher : 5starcooks
- Release Date : 2019-06-15
- ISBN : 0655547363
What need is it addressing? How is the control of critical digital assets being addressed with regard to safety and security? What is a Digital Asset? Is your organization in a position to control the future benefits from its big data, subject also to evolving data privacy laws? Can your big data be separated and sold individually? This premium Digital asset self-assessment will make you the trusted Digital asset domain authority by revealing just what you need to know to
IT Security Metrics: A Practical Framework for Measuring Security & Protecting Data
- Author : Lance Hayden
- Publisher : McGraw Hill Professional
- Release Date : 2010-08-22
- ISBN : 9780071713412
Implement an Effective Security Metrics Project or Program IT Security Metrics provides a comprehensive approach to measuring risks, threats, operational activities, and the effectiveness of data protection in your organization. The book explains how to choose and design effective measurement strategies and addresses the data requirements of those strategies. The Security Process Management Framework is introduced and analytical strategies for security metrics data are discussed. You'll learn how to take a security metrics program and adapt it to a variety
Transforming Cybersecurity: Using COBIT 5
- Author : ISACA
- Publisher : ISACA
- Release Date : 2013-06-18
- ISBN : 9781604203417
The cost and frequency of cybersecurity incidents are on the rise, is your enterprise keeping pace? The numbers of threats, risk scenarios and vulnerabilities have grown exponentially. Cybersecurity has evolved as a new field of interest, gaining political and societal attention. Given this magnitude, the future tasks and responsibilities associated with cybersecurity will be essential to organizational survival and profitability. This publication applies the COBIT 5 framework and its component publications to transforming cybersecurity in a systemic way. First, the impacts
Library Trends
- Author : Anonim
- Publisher : Unknown
- Release Date : 1999
- ISBN : UCAL:B4493877
Valuing Data
- Author : Dewey E. Ray
- Publisher : CRC Press
- Release Date : 2018-05-25
- ISBN : 9781351388771
The past decade has seen a dramatic increase in the amount and variety of information that is generated and stored electronically by business enterprises. Storing this increased volume of information has not been a problem to date, but as these information stores grow larger and larger, multiple challenges arise for senior management: namely, questions such as "How much is our data worth?" "Are we storing our data in the most cost-effective way?" "Are we managing our data effectively and efficiently?" "
Digital Defense
- Author : Thomas J. Parenty
- Publisher : Harvard Business Press
- Release Date : 2003
- ISBN : 1578517796
Protect and Maximize Your Company's Digital Assets>P> Security is a critical concern for every company, organization, and institution, regardless of their size or activity. In this timely book, leading security and privacy expert Thomas J. Parenty demystifies computer and network security for non-technical managers-taking them beyond hackers, firewalls, and virus protection to outline a holistic approach to information security that promotes business growth. Drawing from more than twenty years of experience in the computer security and cryptography fields, Parenty
Principles and Practice of Information Security
- Author : Linda Volonino,Stephen R. Robinson,Charles P. Volonino
- Publisher : Prentice Hall
- Release Date : 2004
- ISBN : UOM:39015057595376
This book provides professionals with the necessary managerial, technical, and legal background to support investment decisions in security technology. It discusses security from the perspective of hackers (i.e., technology issues and defenses) and lawyers (i.e., legal issues and defenses). This cross-disciplinary book is designed to help users quickly become current on what has become a fundamental business issue. This book covers the entire range of best security practices—obtaining senior management commitment, defining information security goals and policies,
Think Like Amazon: 50 1/2 Ideas to Become a Digital Leader
- Author : John Rossman
- Publisher : McGraw Hill Professional
- Release Date : 2019-05-03
- ISBN : 9781260455502
“Reading this book is like having Jeff Bezos advise me.”—Eric Martinez, Founder and CEO of Modjoul The former Amazon executive who launched and scaled Amazon Marketplace delivers the ultimate playbook on how to “think like Amazon” and succeed in the digital age. “What would Jeff do?” Since leaving Amazon to advise start-ups and corporations, John Rossman has been asked this question countless times by executives who want to know “the secret” behind Amazon’s historic success. In this step-by-step
Defending Your Digital Assets Against Hackers, Crackers, Spies, and Thieves
- Author : Randall K. Nichols,Daniel J. Ryan,Julie J. C. H. Ryan
- Publisher : McGraw-Hill Companies
- Release Date : 2000
- ISBN : 0072130245
Learn to stop digital espionage-before it happens!Manage your way to security in an increasingly interconnected world. Network data has become increasingly valuable in today's public and private sectors, as has become painfully clear to those in Fortune 500 companies and to those in top branches of government who store information digitally. But exactly how safe is the informaton that is accessible from a network?According to the expert authors of Defending Your Digital Assets Against Hackers, Crackers, Spies & Thieves and
Distributed Ledger Technology and Digital Assets
- Author : Asian Development Bank
- Publisher : Unknown
- Release Date : 2019-06
- ISBN : 9292616463
This report offers an analytical framework that allows for more systemic assessments of distributed ledger technology (DLT) and its applications. It examines the evolution and typology of the emergent technology, its existing and projected applications, and regulatory and policy issues that they entail. This report highlights the trends, concerns, and potential opportunities of DLTs, especially for Asian markets. It also identifies the benefits and risks to using DLT and offers a functional and proportional approach to these issues.