Protecting your network against spam and viruses may not be the best use of your limited security budget, according to researchers from Florida Atlantic University.The researchers developed an economic model for how companies can evaluate their vulnerabilities, analyze their risk and calculate the potential for damage. They concluded that with limited resources, shoring up defenses against the type of attack that is likely to cause the greatest loss may be the most prudent path. Targeted attacks have generally been shown to cause more financial damage than distributed attacks such as spam and viruses.“This whole model is based on the principal of minimizing a security risk,” says C. Derrick Huang, assistant professor at Florida Atlantic.Huang and professor Qing Hu were scheduled to present their case last month during the Workshop on the Economics of Information Security at the University of Cambridge in England. Related content feature 4 remedies to avoid cloud app migration headaches The compelling benefits of using proprietary cloud-native services come at a price: vendor lock-in. Here are ways CIOs can effectively plan without getting stuck. By Robert Mitchell Nov 29, 2023 9 mins CIO Managed Service Providers Managed IT Services case study Steps Gerresheimer takes to transform its IT CIO Zafer Nalbant explains what the medical packaging manufacturer does to modernize its IT through AI, automation, and hybrid cloud. By Jens Dose Nov 29, 2023 6 mins CIO SAP ServiceNow feature Per Scholas redefines IT hiring by diversifying the IT talent pipeline What started as a technology reclamation nonprofit has since transformed into a robust, tuition-free training program that seeks to redefine how companies fill tech skills gaps with rising talent. By Sarah K. White Nov 29, 2023 11 mins Diversity and Inclusion Hiring news Saudi Arabia will host the World Expo 2030 in Riyadh By Andrea Benito Nov 28, 2023 4 mins Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe