Security Spending Research Articles

A Comprehensive Survey on Security in Cloud Computing

According to a Forbes’ report published in 2015, cloud-based security spending is expected to increase by 42%. According to another research, the IT security expenditure had increased to 79.1% by 2015, showing an increase of more than 10% each year. International Data Corporation (IDC) in 2011 showed that 74.6% of enterprise customers ranked security as a major challenge. This paper summarizes a number of peer-reviewed articles on security threats in cloud computing and the preventive methods. The objective of our research is to understand the cloud components, security issues, and risks, along with emerging solutions that may potentially mitigate the vulnerabilities in the cloud. It is a commonly accepted fact that since 2008, cloud is a viable hosting platform; however, the perception with respect to security in the cloud is that it needs significant improvements to realise higher rates of adaption in the enterprise scale. As identified by another research, many of the issues confronting the cloud computing need to be resolved urgently. The industry has made significant advances in combatting threats to cloud computing, but there is more to be done to achieve a level of maturity that currently exists with traditional/on-premise hosting.

ICT/Cyber benefits and costs: Reconciling competing perspectives on the current and future balance

Information and communications technology (ICT)/cyber technologies become ever-more embedded in our economies and societies, bringing both benefits and risk-related costs. The balance between those benefits and costs, over time and across countries, remains poorly understood. This gives rise to conflicting narratives about the future of ICT: either (1) continued rapid benefit growth with new waves of ICT technology; or (2) increasing cyber-attack costs will come to swamp benefits.We explore how the balance between benefits and costs might change at the global, country-grouping, and country-level out to 2030. Because the existing literature provides little foundation for integrated analysis, we did extensive conceptual research and data gathering from diverse sources. The benefits include the growth of the ICT sector itself, its contribution to broader productivity as a general purpose technology, and its benefits for consumers as value for price rises very significantly. The costs include security spending, the impact of adverse cyber events, and opportunity foregone if the technology is underutilized.We extended International Futures (IFs), an existing multi-issue, multi-country, long-term forecasting system with formulations driving ICT/cyber advance and impact. In Base Case analysis we found that, while annual costs related to cyber-attacks and cyber-security spending do come to outweigh the annual incremental economic benefits from ICT use in high-income countries, over time the compounding nature of the benefits versus the more additive nature of the costs means that the cumulative benefits will outstrip the cumulative costs by tens of trillions of dollars over even medium-term forecast horizons. For lower-income and middle-income countries both annual and cumulative analyses suggest that benefits will continue to outweigh costs. On a global basis the cumulative net benefits could exceed $100 trillion through 2030. Four scenarios with significantly different assumptions about technological development and the unfolding of adverse events changed the total values of benefits and risk-related costs, but not the overall conclusion.

A Spatial Analysis of Criminality: Evidences for Metropolitan Area of Porto Alegre City

This paper has as its main purpose to understand the social incentives and spreadings of criminal behavior for different kind of crimes (intentional homicides, murders and against heritage) at the metropolitan area of Porto Alegre, during 2013 and 2014. The results are: crime deterrence due public security spending; individual opportunity cost for violent crimes (intentional and murders); the possibility of crime effect to income for heritage crimes; the firearms increase heritage crimes; the population density also increase criminal activity. Furthermore, the spatial evidences point to presence of spatial heterogeneity for this data structure.

Policy: Security spending must cover disease outbreaks.

Tadataka Yamada, V. Ayano Ogawa and Maria Freire call for research and development funding and coordination to counter global infectious-disease threats.

Perverse Effects in Defense of Computer Systems: When More Is Less

With computer security spending on the rise, organizations seem to have accepted the notion that buying more—and more expensive—defenses allows them to better protect their computer systems. In the context of complex computer systems, however, defenses can also have the opposite effect, creating new, unforeseen vulnerabilities in the systems they are intended to protect. Advocacy for defense-in-depth and diverse security measures has contributed to this “more is better” mentality for defending computer systems, which fails to consider the complex interaction of different components in these systems, especially with regard to what impact new security controls may have on the operation and functionality of other, preexisting defenses. We give examples of several categories of perverse effects in defending computer systems and draw on the theory of unintended consequences and the duality of technology to analyze the origins of these perverse effects, and to develop a classification scheme for the different types and some methods for avoiding them.

International investigation into the relationship between social expenditure for family and total fertility rate.

Purpose Declining birth rates are an important social issue worldwide, and allocating resources to benefits for child-rearing households is a necessary countermeasure. In this study, we investigate and compare the relationship between child-related social security costs and total fertility rate internationally.Method In 2011, the ratios of family- and elderly-related social spending to gross domestic product (GDP) were recorded in 34 Organisation for Economic Co-operation and Development (OECD) member countries. The former was designated as the percentage allocated to members of the population between the ages of 0 and 14 (young population ratio), and the latter was designated as the percentage allocated to members of the population over the age of 65 (elderly population ratio). We compared these two factors for every country and performed correlation and partial correlation analyses of total fertility rates and family-related social spending to GDP adjusted by population proportion to examine the relationship between the two.Results The comparison of the youth and elderly populations' spending ratios in the total social spending to GDP ratio revealed that OECD countries had an average family-related social spending ratio of 0.13 and an average elderly-related social spending ratio of 0.47. Comparatively, Japan has a family-related social spending ratio of 0.10 and an elderly-related social spending ratio of 0.45. In the correlation analysis for total fertility rates and family-related social spending to GDP ratio, the benefits-in-kind to GDP ratio and total fertility rates indicated a trend toward correlation (r=0.32, P=0.06). In addition, the results for the partial correlation between family-related social spending to GDP ratio and total fertility rates showed a significant correlation between the two. When divided into cash benefits and benefits-in-kind, the partial correlation analysis of the GDP ratios and total fertility rates revealed a significant correlation (r=0.51, P<0.01). Benefits-in-kind (r=0.45, P<0.01) had a stronger correlation than did cash benefits (r=0.39, P=0.03).Conclusion In an international comparison accounting for economic standards, the social security cost of children and child-rearing families in Japan was low. Further, in terms of social security spending, increasing benefits-in-kind, such as improving childcare services or preschool education, is one factor that improves the total fertility rate.

A Comprehensive Survey on Security in Cloud Computing

According to a Forbes’ report published in 2015, cloud-based security spending is expected to increase by 42%. According to another research, the IT security expenditure had increased to 79.1% by 2015, showing an increase of more than 10% each year. International Data Corporation (IDC) in 2011 showed that 74.6% of enterprise customers ranked security as a major challenge. This paper summarizes a number of peer -reviewed articles on security threats in cloud computing and the preventive methods. The objective of our research is to understand the cloud components, security issues, and risks, along with emerging solutions that may potentially mitigate the vulnerabilities in the cloud. It is a commonly accepted fact that since 2008, cloud is a viable hosting platform; however, the perception with respect to security in the cloud is that it needs significant improvements to realise higher rates of adaption in the enterprise scale. As identified by another research, many of the issues confronting the cloud computing need to be resolved urgently. The industry has made significant advances in combatting threats to cloud computing, but there is more to be done to achieve a level of maturity that currently exists with traditional/on-premise hosting.

Banking crises and social policy: the case of Latin America and the Caribbean

This paper examines the social policy consequences of systemic banking crises or financial crises in 13 Latin American and Caribbean countries between 1990 and 2010. It takes a rationalist approach to political economy to analyse the effect of these crises on aggregate social policy spending and on four distinct social welfare policy programmes – education, health, housing, and social security – benefits of which vary across social groups. The results indicate that banking crises have a statistically strong negative effect on aggregate social expenditure, but the impact is not uniform across the four programmes. While social security spending increases during the course of crises, health and education expenditures decrease in the same period. The results reinforce the view that distributional conflicts overshadow governments’ response and the burden of crises is unevenly shared in a heterogeneous society. These findings are robust to alternative specifications.

How Does Fiscal Policy Affect Investment? Evidence from a Large Panel

AbstractWe assess the relevance of fiscal components for private and public investment using data for a large panel of 95 countries for the period 1970–2008. Accounting for the usual econometric pitfalls, our results suggest a negative effect of government expenditure and of government consumption spending on private investment. Interest payments and subsidies have a negative effect on both types of investment (particularly in emerging economies). Social security spending has a negative effect on private investment for the full and OECD samples, whereas government health spending has a positive and significant impact on private investment. Moreover, stronger fiscal numerical rules decrease public investment. Copyright © 2015 John Wiley &amp; Sons, Ltd.

The between and within Effects of Social Security on Church Attendance in Europe 1980–1998: The Danger of Testing Hypotheses Cross-Nationally

Tests of hypotheses explaining the variation in church attendance are dominated by the use of international comparative survey data covering many countries with only a limited number of samples within these countries. As a result, the main research focus is on between country effects and hardly on within country effects. The latter, however, comprises a more convincing test, because fewer assumptions about unobserved country-specific variables are required. Elaborating on various analytical models, we show that results from a between country research design may lead to inaccurate conclusions. To illustrate this point, we selected the Mannheim Eurobarometer Trend File, which includes as many European countries on as many points in time as possible. Step by step we disentangle the well-known strong negative overall between country correlation of social security with church attendance. We show that this correlation most likely is owing to unspecified country characteristics, as within countries, social security is sometimes positively related to church attendance and sometimes negatively, whereas on average there is no effect at all. Rather than increases in social security spending, rising gross domestic product seems to reduce church attendance. Our cautionary tale about the use of between country research designs applies to other fields of research as well.

Estimates for Reasonable Data Breach Prevention

Firms spend operating costs to mitigate the risk of data breach events. However, firms may not know how much to spend to prevent data breach events with varying incidence frequencies. I present a model that estimates the relationship of breach prevention spending to breach incidence rates for individual firms. After constructing a likelihood function, I use simulated results to show parameter estimates for a range of spending and breach frequencies. Probabilities for counterfactual scenarios are available as well. This model can accommodate variation in firm size, security spending, incidence frequency, and breach types. Estimates can show whether a firm’s breach prevention efforts fall within a range of industry averages.

Information and Knowledge Leakage in Supply Chain

The current world of post industrial value generation sees companies increasingly analyzing their internal operations against their external organizations to identify supply/demand fluctuations along the supply chain. Within these integrated relationships between internal and external parties in the supply chain, knowledge and information have become very important production resources. The existence and success of an increasing number of organizations strongly depend on their capabilities to utilize knowledge and information for profit generation. By managing more efficient information sharing, the volume of company confidential information passing through the supply chain increases, and this brings about more incidences of knowledge leakage and information leakage. A survey by PricewaterhouseCoopers in 2014 shows information security spending over the next 12 months would increase 60.27 % in Asia and 48.98 % in all regions. This emphasizes the importance of information privacy and therefore the necessity to study the information and knowledge leakage in integrated supply chain. The objectives of this study are to investigate the factors triggering information and knowledge leakage and create a mitigation framework to soften the impact of leakages on performance. The above objectives will be met by formulating and examining several hypotheses of a conceptualized information leakage (IL) and knowledge leakage (KL) framework. A case study derived from a structured interview is adopted as a methodology in this research. As a result, this paper contributes a novel theoretical model that characterizes information and knowledge leakage in an integrated supply chain. Therefore, it also adds new knowledge of managing information and knowledge leakage to supply chain management.

Educate or Adjudicate? Socio-Economic Heterogeneity and Welfare

This paper presents a model to explore the welfare effects of the government’s choice over two types of public goods provision: domestic regulatory and security spending (adjudication) versus education. Output is a function of physical and social capital, both of which can be heterogeneous across the regions. Local social capital is exposed to spillover effects of other regions. Education spending increases social capital, whereas adjudication spending increases total factor productivity. The solution in an OLG framework indicates that the welfare maximizing ratio of education spending is negatively related with the past levels of social capital stock and the degree of social cohesion, but positively related with the current levels of aggregate income and the tax rate. Simulations of the model’s temporal solution reveal the short-run and long-run difference, reversing the positive effects of the tax rate and the income level, which is a crucial point. Income and cultural homogeneity are associated positively with the level of aggregate income and social cohesion whereas the relationship between income distribution and social cohesion is non-linear in the short-run.

On The Long-Term Macroeconomic Effects of Social Security Spending: Evidence For 12 Eu Countries

We estimate the long-term impact of social security and social protection spending in a set of twelve EU countries. We estimate country-specific VARs relating GDP, unemployment, savings, and social spending. We find that social spending has a negative effect in most countries while the effects on savings are either not significant or positive but small. In turn, the negative effects on output are significant and in some cases large. Unemployment is the dominant channel through which social spending affects output. Our results imply that any increase in generosity would, under the current situation, bring detrimental macroeconomic effects. In addition, a less distortionary tax mix should be used to finance redistributive spending and the insurance component of the systems should be changed in the direction of a capitalization regime based on defined contributions. Obviously, this transition would take time and would not be costless but neither is maintaining the status quo.

Afghanistan: Balancing Social and Security Spending in the Context of a Shrinking Resource Envelope

For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps its government budget tight. This paper uses a general equilibrium model to capture the security–development trade-off facing the government in its effort to rehabilitate growth and fiscal sustainability. In particular, it considers strategic policy options for counteracting and minimizing the negative macroeconomic impact of possible aid and revenue shortfalls. We find that the mobilization of domestic revenues through changes in tax policy is the preferred policy response for the Afghan central government. Such a response helps to place its finances on a sustainable path in the near term and preserve most of the growth potential. Cutting expenditures balances public finances but causes the economy to permanently shrink. Debt financing helps to preserve much of the economy size but can quickly put the sustainability of public finances at risk.

FUD

Relying on dubious claims can cause researchers to focus on the wrong questions and organizations to misdirect security spending.

(A Study on Japanese Fiscal Sustainability and Fiscal Discipline)

(A Study on Japanese Fiscal Sustainability and Fiscal Discipline)

Advanced persistent threats: minimising the damage

According to the Office of Cyber Security and Information Assurance, 93% of large corporations and 87% of small businesses reported some form of cyber breach in 2013.1 Furthermore, a recent Ponemon Institute study found that, in 2013, the average annual cost of cybercrime globally was $7.22m per organisation, representing a 30% increase on the previous year's study.2 As we move forward with more objects becoming Internet enabled and more services moving online, the cybercrime problem is only likely to worsen. In fact, analyst firm Gartner recently stated that it is becoming impossible to prevent targeted attacks and organisations should instead focus their security spending on monitoring and response techniques. With this in mind, analysts have predicted that, by 2020, 60% of security budgets will be spent on rapid detection and response approaches, up from less than 10% in 2013.3 Advanced Persistent Threats (APTs) are a growing concern within the security industry, presenting a very real and urgent menace to businesses. These attacks differentiate themselves from other hacking techniques by targeting a specific organisation, for a specific target – often extremely high-value data. However, with an understanding of each stage of an APT's lifecycle, and with the right security analytics solutions in place, the threat can be mitigated, explains Ross Brewer of LogRhythm.

A Study on Japanese Fiscal Sustainability and Fiscal Discipline

A Study on Japanese Fiscal Sustainability and Fiscal Discipline

Guns and crime revisited

I focus on the effect of changes in public security (policing) on private security measures that potential victims can take. In particular, I look at the tradeoff between different types of private security measures – such as using or carrying guns, carrying less cash or keeping less valuables at home, and using burglar alarms or Lojack – and study how this tradeoff is affected by changes in public security. If private householders’ direct security expenses are strongly substitutable with public policing (e.g., for guns which may be more useful in badly policed areas), an increase in policing results in a drop in these expenses; it also results in carrying or keeping less cash (an indirect security measure which reduces the prize a criminal can seize). If, however, householders’ direct security expenses are “complementary” to policing in the sense that they are more effective when police response is rapid (e.g., for burglar alarms), more policing increases these expenses unless the efficacy of joint (public and private) security expenses on combating crime encounters very sharply diminishing returns; moreover, a rise in policing also induces carrying or keeping more cash. An increase in penalties increases the tendency to keep cash on hand, and also reduces crime, provided that as private precautions increase, with policing constant, it takes a larger increment in security spending to compensate for a specific drop in penalties. The results are consistent with some empirical trends in crime rates, policing, penalties and private precautions.