Researchers and Senior Executives to Explore Policy-Based Solutions Cyber attacks on companies worldwide increased by 48 percent from 2013 to 2014 as roughly 42.8 million data security breaches cost firms hundreds to potentially millions of dollars (according to this recent study). With cybercrime against organizations flourishing, researchers and senior executives from business and government agencies will engage in a daylong Forum on Financial Information Systems and Cybersecurity: A Public Policy Perspective on Jan.

Cybersecurity analytics was the theme of the Fifth Annual Business Analytics Workshop, held in College Park, Md., on Monday, May 18, 2015. Co-sponsored by the University of Maryland’s Robert H. Smith School of Business and IBM, the day-long workshop consisted of topics ranging from calculating cybersecurity investments to applying machine learning to cyber defense. The workshop provided ample time for questions from the audience and speakers delivered real-time solutions to some of the attendees.

Due to inclement weather, the Cybersecurity Forum will start at 10 a.m. Researchers and Senior Executives to Explore Policy-Based Solutions Cyberattacks on companies worldwide increased by 48 percent from 2013 to 2014 as roughly 42.8 million data security breaches cost firms hundreds to potentially millions of dollars (according to this recent study). 

Don’t blame bailouts for excessive risk taking, one researcher said May 29, 2014, during a daylong accounting conference at the University of Maryland’s Robert H. Smith School of Business. Research presented at the third annual Journal of Accounting and Public Policy Conference in College Park, Md., shows how the expectation of a safety net — which comes with strings attached — actually reins in shareholders and managers with limited liability.

Smith School of Business Professor Lawrence A. Gordon recently co-developed a formula to determine how much a company should invest in cybersecurity. Now, he targets University of Maryland honors students with this innovation. His course, Accounting and Economic Aspects of Cybersecurity, introduces financial management principles to a discipline grounded in computer science and engineering.

College Park, Md. – November 14, 2012 – World-leading cybersecurity researchers at the University of Maryland’s Robert H. Smith School of Business won a significant grant from the Department of Homeland Security to develop economic models for cybersecurity investments. Professors Lawrence Gordon and Martin Loeb – along with colleague William Lucyshyn from the School of Public Policy -- received one of just 34 contracts awarded to 29 academic and research institutions for research and development of solutions to cybersecurity challenges.

The Smith School's academic departments and research-focused centers of excellence combine leading scholars and industry veterans who truly understand the importance of risk management. Smith faculty and practitioners explore issues related to how risk impacts financial decisions, supply chains and the broader global economy.

In the 12 years that Lawrence Gordon, Ernst & Young Alumni Professor of Managerial Accounting and Information Assurance, has spent pondering the economic issues related to cybersecurity, the risks have changed significantly. Businesses and government agencies no longer have to worry about teen hackers taking a shot at their organizations for bragging rights. Instead, multinational corporations and government agencies are suffering cyber-attacks from organized crime, large-scale fraud, disgruntled employees and even terrorists.

In the 10 years that Lawrence Gordon, Ernst & Young Alumni Professor of Managerial Accounting and Information Assurance, has spent pondering the economic issues related to cybersecurity, the risks have changed significantly. Businesses and government agencies no longer have to worry about teen hackers taking a shot at their organizations for bragging rights. Instead, multinational corporations and government agencies are suffering cyber-attacks from organized crime, large-scale fraud, disgruntled employees and even terrorists.

College Park, Md. – January 21, 2009 – The University of Maryland’s Robert H. Smith School of Business invites innovative solutions to one of the 21st century’s most pressing concerns – how to allocate scarce resources to protect the massive amount of personal and sensitive data available on computer networks and online. The selection committee is now accepting essay submissions for the Gordon Prize in Managing Cybersecurity Resources.