| Title: | The economics of cybersecurity: balancing investment and systemic risk |
| Authors: | Budko, A. V. |
| Keywords: | материалы конференций;economy;cybersecurity;investing in cyber defense;systemic risks;cyber threats;security Policy;investment strategy;cybercrime |
| Issue Date: | 2026 |
| Publisher: | БГУИР |
| Citation: | Budko, A. V. The economics of cybersecurity: balancing investment and systemic risk / A. V. Budko // Актуальные вопросы экономики и информационных технологий : сборник материалов докладов 62-й научной конференции аспирантов, магистрантов и студентов БГУИР, Минск, 13–17 апреля 2026 г. / Белорусский государственный университет информатики и радиоэлектроники. – Минск, 2026. – С. 717–718. |
| Abstract: | This paper explores the intersection of cybersecurity and modern economic theory. The study analyzes the Investment Paradox using the Gordon-Loeb model, emphasizing that cybersecurity is not merely a technical expense but a strategic capital investment. Furthermore, it addresses the systemic risks posed to global financial stability and the growing labor market gap in the IT security sector. The purpose of this work is to demonstrate how rational economic actors balance the costs of defense against the catastrophic risks of digital insecurity. |
| URI: | https://libeldoc.bsuir.by/handle/123456789/65571 |
| Appears in Collections: | Актуальные вопросы экономики и информационных технологий : материалы 62-й научной конференции аспирантов, магистрантов и студентов (2026)
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