Billion-dollar hack – or not? A new approach to calculating true cost of security breaches

Katie Courage reports on some research by Yashwant Malaiya, professor of computer science in the College of Natural Sciences at Colorado State University and Abdullah Algarni, a doctoral researcher in the same department.

Their research is oriented to developing a standard, public – and evolving – model that will permit more rigorous study on the costs of a breach.

Their work on the topic was published for the Second International Conference on Information Management earlier this year in London.

Read more on CSU.

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