News

Cyber risk is a top concern for organizations worldwide, intensified by AI's dual role in bolstering defenses and enhancing attacks. The Gordon-Loeb Model offers a cost-benefit framework to optimize cybersecurity investments, emphasizing AI's evolving, game-theoretic complexities.

Some F-1 visa students at UMD are receiving $1,400 IRS payments due to errors in stimulus eligibility. TerpTax, led by accounting lecturer Samuel Handwerger, advises returning these payments to avoid future tax and immigration complications. Assistance is available through TerpTax.

Experts from the Smith School of Business and School of Public Policy convened for the 20th Financial Information Systems and Cybersecurity Forum, addressing cyber risk management through vigilance, resilience, and flexibility amid evolving threats and emerging technologies.

When University of Maryland students in the Justice for Fraud Victims project received suspicious job offers via text, their fraud investigation skills—sharpened under faculty advisor Samuel Handwerger at the Smith School—helped uncover "task scams," a scheme costing victims $220M since 2020.

by Samuel Handwerger, CPA 

EY Professor Lawrence A. Gordon highlights that cyber risks pose significant threats to businesses, particularly small ones. Limited resources make small businesses prime targets for cybercriminals, who exploit their vulnerabilities, underscoring the need for affordable cybersecurity measures.

The World Bank Group’s “Cybersecurity Economics for Emerging Markets” highlights research from the Smith School, detailing the economic impacts of cyber incidents and strategies for emerging markets, featuring insights from experts Lawrence Gordon, Martin Loeb, and Lei Zhou.

In fall 2023, the University of Maryland’s Smith School launched the Justice for Fraud Victims (JFV) initiative, led by Accounting Lecturer Samuel Handwerger. Smith and UMD students investigate fraud cases, producing reports that have already proven effective in court.

The QUEST Honors Program at the University of Maryland attracts top students from business, engineering, and science disciplines, offering a selective, dynamic learning experience. With a 48% rise in applications this year, QUEST fosters teamwork, innovation, and leadership through experiential projects and interdisciplinary collaboration.

The Smith School welcomes new faculty for Fall 2024. These experts will enhance the school's mission by teaching and advancing research in areas such as AI economics, business law, marketing analytics, and financial policy regulation.