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An Adaptive Threat-Vulnerability Model and the Economics of Protection

An Adaptive Threat-Vulnerability Model and the Economics of Protection
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Author(s): C. Warren Axelrod (US Trust, USA)
Copyright: 2009
Pages: 21
Source title: Social and Human Elements of Information Security: Emerging Trends and Countermeasures
Source Author(s)/Editor(s): Manish Gupta (State University of New York, USA)and Raj Sharman (State University of New York, USA)
DOI: 10.4018/978-1-60566-036-3.ch015

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Abstract

Traditionally, the views of security professionals regarding responses to threats and the management of vulnerabilities have been biased towards technology and operational risks. The purpose of this chapter is to extend the legacy threat-vulnerability model to incorporate human and social factors. This is achieved by presenting the dynamics of threats and vulnerabilities in the human and social context. We examine costs and benefits as they relate to threats, exploits, vulnerabilities, defense measures, incidents, and recovery and restoration. We also compare the technical and human/social aspects of each of these areas. We then look at future work and how trends are pushing against prior formulations and forcing new thinking on the technical, operational risk, and human/social aspects. The reader will gain a broader view of threats, vulnerabilities and responses to them through incorporating human and social elements into their security models.

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