Investing in IT Security: How to Determine the Maximum Threshold

  • Authors:
  • Amanda Eisenga;Travis L. Jones;Walter Rodriguez

  • Affiliations:
  • Lutgert College of Business, Florida Gulf Coast University, USA;Lutgert College of Business, Florida Gulf Coast University, USA;Lutgert College of Business, Florida Gulf Coast University, USA

  • Venue:
  • International Journal of Information Security and Privacy
  • Year:
  • 2012

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Abstract

Investing in information technology IT security is a critical decision in the digital age. And, in most organizations, it is wise to allocate a significant amount of resources to IT infrastructure. However, it is difficult to determine how much to invest in IT as well as quantifying the maximum threshold where the rate of return of this investment is diminishing. The main research question in this paper is: how much and what financial resources should be allocated to IT security? This paper analyzes different practices and techniques used to determine the calculation for investments in IT security and analyzes and recommend some suitable methods for deciding how much should be invested in IT security.