Cover: Estimating the Global Cost of Cyber Risk Calculator

Estimating the Global Cost of Cyber Risk Calculator

Published Jan 15, 2018

by Paul Dreyer

Download Support Files

Global Cost of Cyber Risk Calculator

Version 1.2: September 2020

FormatFile SizeNotes
zip file 1.5 MB

The file(s) provided above are ZIP-formatted archives, which most modern systems can natively unpack. If your computer does not unpack the archive when you double-click it, you may need to use a separate decompression program such as UnZip.

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.

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 report is part of the RAND tool series. RAND tools may include models, databases, calculators, computer code, GIS mapping tools, practitioner guidelines, web applications, and various toolkits. 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.

Our mission to help improve policy and decisionmaking through research and analysis is enabled through our core values of quality and objectivity and our unwavering commitment to the highest level of integrity and ethical behavior. To help ensure our research and analysis are rigorous, objective, and nonpartisan, we subject our research publications to a robust and exacting quality-assurance process; avoid both the appearance and reality of financial and other conflicts of interest through staff training, project screening, and a policy of mandatory disclosure; and pursue transparency in our research engagements through our commitment to the open publication of our research findings and recommendations, disclosure of the source of funding of published research, and policies to ensure intellectual independence. For more information, visit www.rand.org/about/research-integrity.

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.