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Enhancing cyber risk decision-making with a quantified risk management model for U.S. and Canadian organizations

2024· article· en· W4406275140 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueGSC Advanced Research and Reviews · 2024
Typearticle
Languageen
FieldComputer Science
TopicInformation and Cyber Security
Canadian institutionsnot available
Fundersnot available
KeywordsRisk managementBusinessRisk assessmentRisk analysis (engineering)Computer scienceComputer securityFinance

Abstract

fetched live from OpenAlex

As cyber threats continue to evolve in complexity and frequency, organizations in the U.S. and Canada face significant challenges in making informed decisions to manage and mitigate risks effectively. This paper proposes a Quantified Cyber Risk Management Model (QCRMM) to enhance decision-making processes in the face of these dynamic threats. The model integrates quantitative risk assessment methodologies, advanced data analytics, and threat modeling techniques to enable organizations to identify, evaluate, and prioritize cyber risks in a structured manner. The QCRMM emphasizes a data-driven approach to risk management, utilizing key performance indicators (KPIs) and risk metrics to quantify potential impacts and the likelihood of cyber incidents. It incorporates tools such as Monte Carlo simulations and Bayesian networks for predicting and assessing the probability of various cyberattack scenarios, thus allowing organizations to make more accurate and informed decisions regarding risk mitigation strategies. Additionally, the model provides decision-makers with actionable insights that support cost-effective allocation of resources to safeguard critical assets. The model is designed to be flexible, adaptable, and scalable for organizations across diverse sectors, including finance, healthcare, energy, and critical infrastructure. By aligning with regional regulatory frameworks, such as the NIST Cybersecurity Framework in the U.S. and Canada’s Cyber Security Strategy, the QCRMM ensures compliance with best practices and legal requirements while fostering a robust cybersecurity posture. Case studies demonstrate the application of the QCRMM in improving risk prioritization and resource allocation in organizations, resulting in a reduction of potential financial losses, minimized operational disruptions, and improved organizational resilience to cyber threats. In conclusion, the QCRMM provides a comprehensive, quantifiable approach to enhancing cyber risk decision-making, helping organizations in the U.S. and Canada make informed, proactive decisions to defend against the evolving cyber threat landscape. This model empowers organizations to strategically address cyber risks with a focus on minimizing impacts while optimizing resources.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Other design · Consensus signal: none
GenreCandidate signal: Methods · Consensus signal: Methods
Teacher disagreement score0.882
Threshold uncertainty score0.997

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0010.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.031
GPT teacher head0.349
Teacher spread0.319 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it