• Title/Summary/Keyword: information security investment

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Research Trends in Information Security Economics: Focused on the Articles Presented at WEIS (보안경제성 연구동향 분석: WEIS 발표 논문을 중심으로)

  • Kang, Mi-Hwa;Kim, Tae-Sung
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.25 no.6
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    • pp.1561-1570
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    • 2015
  • Even though much investment to prevent or mitigate damage from information security breaches have been considered, researches on economically rational information security decision-making such as investment, management, etc. are not introduced in Korea. This study analyzes research themes and methodologies of articles presented at the Workshop on the Economics of Information Security (WEIS) for 2002 - 2014. Results of the study can suggest future research topics for researchers, and help make rational information security decision-making for practitioners.

An Empirical Study on the Impact of Cryptocurrency Value Characteristics on Investment Intention : Focusing on the Value-based Adoption Model (VAM) (암호화폐 가치 특성이 투자 의도에 미치는 영향에 관한 실증적 연구 : 가치 기반 수용모델을 중심으로)

  • Kim Sangil;Seo Jaeseok;Kim Jeongwook
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.20 no.2
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    • pp.141-157
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    • 2024
  • This study examines the impact of cryptocurrency value characteristics on cryptocurrency investment intention. Stock craze and information provided through various media, including YouTube, play an essential role in helping investors recognize the value of cryptocurrency and develop positive investment intentions. In this study, we applied the Value-Based Adoption Model (VAM) to verify the relationship between cryptocurrency value characteristics and investment intention. We surveyed 500 cryptocurrency investors to assess network externalities, awareness, compatibility, cost benefits (fees), technicality, security, perceived value, and investment intentions. SEM (Structural Equation Modeling) using AMOS 26.0 was used for data analysis. Results show that network externalities, awareness, compatibility, cost benefits (fees), security, and perceived value significantly impact investment intention. This study provides insights that help investors accurately perceive cryptocurrencies and develop strategies to increase investment intentions. It also contributes to improving investors' decision-making ability. This comprehensive approach will foster the growth of the cryptocurrency market and strengthen investor confidence.

A Study on Developing of Performance Evaluation Index and Method of Measurement for Information Security Outcomes applying BSC (균형성과표(BSC) 기반의 정보보호 성과 지표 개발 및 측정 방법에 관한 연구)

  • Jang, Sang Soo
    • Convergence Security Journal
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    • v.14 no.4
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    • pp.41-53
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    • 2014
  • In order to achieve efficient and effective organizational information security objectives, for the level of information security to accurately evaluation and direction for improving that performance evaluation index and method of measurement for information security outcomes are needed. For information security activities of domestic companies to measure the performance or effectiveness, that standard method of measuring and the available evaluation Index are insufficient. company is difficult to investment for information security budget. Therefore, the purpose of this study was developing of performance evaluation index and method of measurement for information security outcomes applying BSC available in the company. The results of this study that companies can determine the level of information security itself. Analysis of the information security status and the strategy establishment of the information security investment can be applied.

Impact of Environmental Attitudes on the Judgment of Non-Professional Investors in Saudi Arabia

  • Abdullah, Pr.;Alutaibi, T.
    • International Journal of Computer Science & Network Security
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    • v.21 no.2
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    • pp.93-102
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    • 2021
  • This paper aims to study the influence of environmental attitudes on the choice of non-professional investors. It highlights the role of environmental performance assurance on investment judgments. This choice is due to the motivation and importance that investors place on the disclosure of environmental information. The main purpose of the research is focused on the empirical approach justified by the use of a questionnaire addressed to 200 non-professional investors. The results show that attitudes towards the environment do not correlate with the importance that gives this category of investors to the environmental information.. Subsequently, the results prove that the disclosure of an environmental assurance report has a positive impact on investment judgments independently of their appreciation of the environmental information concerning that of financial order.

The Standardization Modeling concerning Organizational Composition and a Management System for the Protection of Personal Information (개인정보 보호를 위한 조직구성과 관리체계에 관한 표준화 모델링)

  • Seo, Woo Seok;Jun, Moon Seog
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.8 no.3
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    • pp.33-39
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    • 2012
  • Since the passing of the Personal Information Act in March 2011 and its initial introduction in September, over the one year to date diverse security devices and solutions have been flowing into the market to enable observance of the relevant laws. Beginning with security consulting, corporations and institutions have focused on technology-based business in order to enable observance of those laws competitively in accordance with 6-step key procedures including proposal, materialization, introduction, construction, implementation, and execution. However there has not been any investment in human resources in the field of education such as technology education and policy education relative to the most important human resources field nor investment in professionals in the organization for the protection of personal information or in human resources for operating and managing IT infrastructure for actual entire personal information such as special sub-organizations. In this situation, as one process of attracting change from the nature of the technology-based security market toward a professional human resource-based security infrastructure market, it is necessary to conduct research into standardization modeling concerning special organizational composition and a management system for the protection of personal information.

Economic impact of the technical security utilizing the inter-industry relations table (산업연관표를 활용한 기술보안의 경제적 효과)

  • Lim, Heon-Wook;Shim, Jae-Young
    • Journal of Convergence for Information Technology
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    • v.7 no.1
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    • pp.99-106
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    • 2017
  • Research on technology security has been limited to technology leakage prevention. Companies recognize technology security as an investment. so It is a passive situation for recruitment and equipment installation. Therefore, the amount of damage caused by the technology leakage is regarded as profit, The purpose of this study is to investigate the effect of technology security on the domestic economy by using the inter-industry relations table. The inter-industry relations table was created by Vasily Leontiyev. In 1960, the Bank of Korea made it for the first time in Korea. Korea introduced the ISMS in 2001 and conducted a study on the technology security economy. Through this study, we hope that technology security will be recognized as income, not investment.

A Security of DIT(Digital Investment Trust) system (DIT(Digital Investment Trust) 시스템의 보안 설계)

  • Jeong, Eun-Hee;Lee, Byung-Kwan
    • Proceedings of the Korea Information Processing Society Conference
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    • 2002.11c
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    • pp.2183-2186
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    • 2002
  • 본 논문에서 제안하는 DIT(Digital Investment Trust) 시스템의 보안설계는 계좌 생성 및 계좌 이체, 자산관리에 관련된 정보를 제 3자로부터 보호하기 위해 ADES(Advanced DES)를 이용하여 고객의 정보를 암호화시켰으며, 전자서명을 위해 ECC, S_SHA 알고리즘을 사용하였다. 특히 전자상거래 결재 상에서 사용하는 전자 화폐는 복사본 생성이 용이하기 때문에 악의의 사용자가 불법 복제하여 전자화폐를 반복적으로 사용할 수 있으므로, 이중사용을 방지하기 위한 사전 검출 방법인 Schnorr 알고리즘을 사용하였다.

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An Analysis of Information Security Management Strategies in the Presence of Interdependent Security Risk

  • Shim, Woo-Hyun
    • Asia pacific journal of information systems
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    • v.22 no.1
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    • pp.79-101
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    • 2012
  • This study expands the current body of research by exploring multiple scenarios of insufficient and excessive IT security investments caused by interdependent risks and the interplay between IT security investments and cyber insurance. A key finding is that organizations experiencing interdependent risks with different types of cyber attacks (i.e., targeted and untargeted attacks) use different strategies in making IT security investment decisions and in purchasing cyber insurance policies for their information security risk management than firms that are facing independent risks. The study further provides an economic rationale for employing insurance mechanisms as a risk management solution for information security.

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Conceptual bases of the Investment Mechanism of the Innovative Activity of Enterprises in the Context of Achieving the Tasks of Strategic Development

  • Komandrovska, Veronika;Kolesnyk, Maksym;Barkova, Kateryna;Vasylyk, Sergii;Dorofieiev, Denys
    • International Journal of Computer Science & Network Security
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    • v.21 no.11
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    • pp.111-118
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    • 2021
  • The authors of the study highlight the conceptual foundations of the investment mechanism of innovation of enterprises in the context of strategic development. Such indicators of investment attraction for the enterprise as investment attractiveness, investment activity of the enterprise, critical mass of investments, minimum sufficiency of investments and others are singled out. It is proved that the balance of investment resources is facilitated by the action of the investment mechanism of innovation activity at the enterprise in the context of achievements of strategic development tasks. Investment processes and their intensification have an impact on the expansion of production capacity of economic entities in strategic development and on improving the efficiency of existing capacities. The investment mechanism of innovative activity at the enterprise in the context of achievement of tasks of strategic development contains system of complex actions which provides: definition of the clear purpose and tasks for the mechanism and achievement of the purposes of the enterprise; assessment of the investment potential of the enterprise; definition of tasks of innovative development of enterprises and investment resources necessary for this purpose, etc. The tasks of the investment mechanism of innovative activity at the enterprise in the context of achievements of tasks of strategic development and its economic, organizational and information components are singled out, as well as levers of influence and regulators of the investment mechanism of innovation in the enterprise.

Organizational-Economic Mechanism of Attracting Investment Resources in the Innovative Development of Regions in Teams of Sustainable Development

  • Krasnonosova, Olena;Perepeliukova, Olena;Papp, Vasyl;Doronina, Maya;Romaniuk, Mykhailo
    • International Journal of Computer Science & Network Security
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    • v.22 no.2
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    • pp.376-384
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    • 2022
  • The article considers the features of the organizational-economic mechanism of attracting investment resources in the innovative development of regions in terms of sustainable development. Factors influencing the investment activity of regions in terms of sustainable development, including: institutional structure, intellectual capital, level of innovation infrastructure, business development, financial and credit component, level of human resources development, information environment, production development, environmental component. Factors influencing the attraction of investment resources in the regions are identified. The dynamics of changes in the volume of capital investments and foreign direct investment in Ukraine is analyzed. The regional features of the distribution of capital investments in the conditions of sustainable development are revealed. The essence of the main principles on the basis of which the organizational - economic mechanism of attraction of investment resources in innovative development of regions in the conditions of sustainable development should be formed is analyzed. A set of measures to regulate the investment processes of the regions has been identified. The mechanism of attraction of investment resources in innovative development of regions in the conditions of sustainable development is outlined. The results of activity of separate Agencies of regional development for 2020 in the direction of investment and innovation activity and increase of level of investment attractiveness of regions are analyzed. Important prerequisites for the effective implementation of the organizational-economic mechanism for attracting investment resources in the innovative development of regions in terms of sustainable development are identified. The main directions of directing the efforts of the organizational-economic mechanism to ensure the attraction of investment resources in the innovative development of regions in the context of increasing the level of investment activity in the regional aspect are substantiated.