In early 2016, the Department of Homeland Security’s (DHS) Office of Cybersecurity and Communications, as part of the National Protection and Programs Directorate, and the DHS Office of Chief Economist began an internal benefits assessment of DHS cybersecurity investments, and their value to federal and state stakeholders. They began by looking at ways to quantify the financial value of avoidable losses. This value would then be weighed against the cost of implementing additional cybersecurity measures to prevent such losses. The departments soon identified a methodology to determine the costs of incident response, recovery, and mitigation. Validating cost categories within each stakeholder based on observed threat activity followed.
Listen and learn as key project leaders report their findings, ending with an open dialogue with attendees to obtain feedback on the identified cost categories, estimation framework, and analysis methodology.
Auditorium Borderless Cyber USA / New York / 21-22 June 2017 events@oasis-open.orgIn early 2016, the Department of Homeland Security’s (DHS) Office of Cybersecurity and Communications, as part of the National Protection and Programs Directorate, and the DHS Office of Chief Economist began an internal benefits assessment of DHS cybersecurity investments, and their value to federal and state stakeholders. They began by looking at ways to quantify the financial value of avoidable losses. This value would then be weighed against the cost of implementing additional cybersecurity measures to prevent such losses. The departments soon identified a methodology to determine the costs of incident response, recovery, and mitigation. Validating cost categories within each stakeholder based on observed threat activity followed.
Listen and learn as key project leaders report their findings, ending with an open dialogue with attendees to obtain feedback on the identified cost categories, estimation framework, and analysis methodology.
