July 19, 2011

 

Economic Aspects of Cybersecurity
by Dr. Lawrence A. Gordon,
University of Maryland, Robert H. Smith School of
Business

 

 

Abstract

Cybersecurity economics is concerned with the application of economic principles to cybersecurity related issues. The objective of Dr. Gordon's talk is to address the following separate, but related, questions that fall under the domain of cybersecurity economics: (1) What is the economic impact of cybersecurity breaches on corporations? (2) How much should an organization invest in cybersecurity activities? (3) What is the effect of SOX on disclosing cybersecurity activities? (4) What is the effect of voluntarily disclosing cybersecurity activities on firm value? (5) Should cybersecurity insurance be used to transfer cybersecurity risk? In answering these questions, Dr. Gordon will draw upon a stream of research that he, and colleagues from the University of Maryland, have been working on over the past 12 years.

 

 

About the Speaker:
Dr. Lawrence A. Gordon is the Ernst & Young Alumni Professor of Managerial Accounting and Information Assurance at UMD’s Robert H. Smith School of Business, and an Affiliate Professor in the UMD Institute for Advanced Computer Studies. He is also an active participant in the Maryland Cybersecurity Center, a new research/education Center at the UMD. His Ph.D. is in Managerial Economics from Rensselaer Polytechnic Institute. He is the author of more than 90 articles, published in such journals as ACM Transactions on Information and System Security, Journal of Computer Security and The Accounting Review. He is the author of several books, including Managing Cybersecurity Resources:A Cost-Benefit Analysis, and is the Editor-in-Chief of the Journal of Accounting and Public Policy. In 2007, Dr. Gordon provided Congressional Testimony on cybersecurity economics before a Subcommittee of the U.S. House Committee on Homeland Security. He is a frequent speaker at universities and professional meetings around the world, has been a consultant to many major private and public sector organizations. Dr. Gordon’s former Ph.D. students are distinguished faculty members at many top universities in the U.S., Europe and Asia. In two authoritative studies, Dr. Gordon was cited as being among the world’s most influential/productive accounting researchers.

 

 

Please RSVP if you plan to attend.
Non-members are welcome without charge!  Light refreshments will be served.

Tuesday, July 19, 2011 6:30 PM

Government Printing Office
Room A138
732 N. Capitol St.
Washington, DC, 20401

Click here for details