Title
Decision support approaches for cyber security investment.
Abstract
When investing in cyber security resources, information security managers have to follow effective decision-making strategies. We refer to this as the cyber security investment challenge.In this paper, we consider three possible decision support methodologies for security managers to tackle this challenge. We consider methods based on game theory, combinatorial optimisation, and a hybrid of the two. Our modelling starts by building a framework where we can investigate the effectiveness of a cyber security control regarding the protection of different assets seen as targets in presence of commodity threats. As game theory captures the interaction between the endogenous organisation's and attackers' decisions, we consider a 2-person control game between the security manager who has to choose among different implementation levels of a cyber security control, and a commodity attacker who chooses among different targets to attack. The pure game theoretical methodology consists of a large game including all controls and all threats. In the hybrid methodology the game solutions of individual control-games along with their direct costs (e.g. financial) are combined with a Knapsack algorithm to derive an optimal investment strategy. The combinatorial optimisation technique consists of a multi-objective multiple choice Knapsack based strategy. To compare these approaches we built a decision support tool and a case study regarding current government guidelines. The endeavour of this work is to highlight the weaknesses and strengths of different investment methodologies for cyber security, the benefit of their interaction, and the impact that indirect costs have on cyber security investment. Going a step further in validating our work, we have shown that our decision support tool provides the same advice with the one advocated by the UK government with regard to the requirements for basic technical protection from cyber attacks in SMEs.
Year
DOI
Venue
2016
10.1016/j.dss.2016.02.012
Decision Support Systems
Keywords
Field
DocType
Cyber security investments decision support,Game theory,Optimisation
Computer science,Computer security,Decision support system,Knowledge management,Information security,Game theory
Journal
Volume
Issue
ISSN
86
C
0167-9236
Citations 
PageRank 
References 
23
1.04
16
Authors
5
Name
Order
Citations
PageRank
Andrew Fielder1384.12
Emmanouil A. Panaousis210114.94
Pasquale Malacaria397958.80
Chris Hankin493291.56
Fabrizio Smeraldi521341.87