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It is
rapidly becoming apparent that applying economic principles to cyber and
national security issues is of paramount importance. Thus, over
the last several years researchers interested
in the intersection between economics and information security have been
holding a Workshop on Economics and Information Security (WEIS). WEIS
provides a forum for discussion on issues of major importance to
individuals interested in cyber and national security.
The
Sixth Workshop was held at the Carnegie
Mellon University and over 100 people (a combination of academician and
practitioners) attended. The
Fifth
Workshop (2006) was held at the University of
Cambridge (in the UK) and close to 100 people (a combination of
academician and practitioners) attended. The previous four Workshops
were held at the following universities:
Harvard (2005),
Minnesota (2004),
Maryland (2003) and
UC-Berkeley (2002). Drs.
Martin P. Loeb and
Lawrence A. Gordon, both professors in
the Smith
School's
Accounting and Information Assurance department,
are founding committee members of WEIS and have played a pivotal role in
helping to organize all five of the Workshops held to date. Gordon and
Loeb have also actively participated in all of the Workshops. At the
2006 Workshop held at the University of Cambridge, the "
Gordon-Loeb Model " for
information security investments [see Gordon, L. A. and M. P. Loeb, "The
Economics of Information Security Investment,"
ACM Transactions on Information and System
Security , (November 2002), pp.
438-457] was a focal point of discussion. Gordon and Loeb are also the
authors of
MANAGING CYBERSECURITY RESOURCES: A Cost-Benefit
Analysis .
Dr. Lawrence A.
Gordon at 2006 WEIS held at the University of Cambridge
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