Firms` Strategic Decisions: Theoretical and Empirical Findings

Firms` Strategic Decisions: Theoretical and Empirical Findings

Volume: 2

Indexed in: Book Citation Index, Social Sciences & Humanities, EBSCO.

This is the second volume of the book series featuring empirical research conducted on business decision making policies of oligopolistic organizations. This volume brings together 11 chapters that ...
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Evaluation of Financial Losses Suffered by Enterprises due to Information System Accidents

Pp. 239-261 (23)

Sergii Kavun, Vyacheslav V. Kalashnikov, Nataliya Kalashnykova and Olexandr Cherevko


We develop a method to evaluate financial losses of enterprises caused by breaks of information security systems. The method can be used to estimate the losses as a result of the information system’s accidents (for example, computer attacks or unauthorized intrusions). In addition, this method can evaluate the risk level of any enterprise. As an illustration, a practical example of estimating financial losses based upon a real-life case is presented. Some results of dynamic changes of variables involved in the method are also shown.


Computer attacks, enterprise, estimation, financial losses, hacker attacks, information security systems, information system accidents, negative impacts, risks, unauthorized intrusions.


School of Science and Engineering (EIC), Tecnológico de Monterrey (ITESM), Campus Monterrey, Ave. Eugenio Garza Sada 2501 Sur, Monterrey 64849, Mexico.