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 News Nvidia accelerates enterprise adoption of generative AI Nvidia’s AI Foundations as-a-service offering aims to help enterprises build and run AI models that generate text, graphics, and even proteins. By Peter Sayer Mar 21, 2023 5 mins Cloud Management Infrastructure Management Artificial Intelligence BrandPost The Era of Multi-Cloud Services Has Arrived How to unlock the benefits of multi-cloud environments By Adelino Simao Mar 21, 2023 4 mins VMware BrandPost Why CISOs Are Looking to Lateral Security to Mitigate Ransomware How to fight ransomeware attacks with lateral security By Adelino Simao Mar 21, 2023 4 mins VMware BrandPost 4 Factors That Influence Modern App Success in a Multi-Cloud Environment Enable your developers to do what they do best: code By Adelino Simao Mar 21, 2023 5 mins VMware 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