Estimating the Global Cost of Cyber Risk Calculator

Paul Dreyer

ToolPublished Jan 15, 2018

Global Cost of Cyber Risk Calculator

Version 1.2: September 2020

There is marked variability from study to study in the estimated direct and systemic costs of cyber incidents, which is further complicated by the considerable variation in cyber risk in different countries and industry sectors. This Excel-based modeling and simulation tool estimates present and future global costs of cyber attacks and incidents. Users can also alter assumptions to investigate a wide variety of research questions. Specifically, this tool (1) identifies the value at risk by country and industry sector; (2) computes direct costs by considering multiple financial exposures for each industry sector and the fraction of each exposure that is potentially at risk to cyber incidents; and (3) computes the systemic costs of cyber risk between industry sectors using Organisation for Economic Co-operation and Development input, output, and value-added data across sectors in more than 60 countries.

Topics

Document Details

Citation

RAND Style Manual
Dreyer, Paul, Estimating the Global Cost of Cyber Risk Calculator, RAND Corporation, TL-281-WFHF, 2018. As of October 5, 2024: https://www.rand.org/pubs/tools/TL281.html
Chicago Manual of Style
Dreyer, Paul, Estimating the Global Cost of Cyber Risk Calculator. Santa Monica, CA: RAND Corporation, 2018. https://www.rand.org/pubs/tools/TL281.html.
BibTeX RIS

Research conducted by

This research was sponsored by the William and Flora Hewlett Foundation and the Symantec Corporation and conducted by the Science, Technology, and Policy Program within RAND Justice, Infrastructure, and Environment.

This publication is part of the RAND tool series. RAND tools include models, databases, calculators, computer code, GIS mapping tools, practitioner guidelines, web applications, and various other toolkits and applied research products. All RAND tools undergo rigorous peer review to ensure both high data standards and appropriate methodology in keeping with RAND's commitment to quality and objectivity.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.