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Baryshnikov, Y. (2012) IT Security Investment and Gordon-Loeb’s 1/e Rule. Proceedings of the 11th Workshop on the Economics of Information Security (WEIS), Berlin, 25-26 June 2012.

has been cited by the following article:

• TITLE: Cybersecurity Investment Guidance: Extensions of the Gordon and Loeb Model

  AUTHORS: Scott Farrow, Jules Szanton

  KEYWORDS: Cybersecurity, Investment, Externality, Log-Convexity, Law

  JOURNAL NAME: Journal of Information Security, Vol.7 No.2, March 16, 2016

  ABSTRACT: Extensions of the Gordon-Loeb [1] and the Gordon-Loeb-Lucyshyn-Zhou [2] models are presented based on mathematical equivalency with a generalized homeland security model. The extensions include limitations on changes in the probability of attack, simultaneous effects on probability and loss, diversion of attack, and shared non-information defenses. Legal cases are then investigated to assess approximate magnitudes of external effects and the extent they are internalized by the legal system.