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Economic, Political and Social Threats in the Information Age
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Author(s): Eduardo Gelbstein (Webster University, Switzerland), Marcus Wuest (Deutsche Bank, UK)and Stephen Fridakis (Food and Agriculture Organization, Italy)
Copyright: 2012
Pages: 14
Source title:
Law, Policy, and Technology: Cyberterrorism, Information Warfare, and Internet Immobilization
Source Author(s)/Editor(s): Pauline C. Reich (Waseda University, Japan)and Eduardo Gelbstein (Webster University, Switzerland)
DOI: 10.4018/978-1-61520-831-9.ch002
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Abstract
There does not appear to be a common framework for quantifying the impact of information security business disruption events resulting in the loss of availability, confidentiality and/or data integrity. Individual incidents are known to have had costs ranging from 1 million US dollars an hour to a bank loss of close of 6 billion Euro. Given the global nature of supply chains and electronic commerce, deliberate disruption through well conducted attacks could have devastating economic consequences. This chapter explores in some detail the various components of such consequences.
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