NATO: Rethink - Realign - React

At the beginning of June, the NATO Summit took place in Warsow. With reference to this event, the Institute for Eastern Studies in Poland published a composition of essays. The BIGS participated in this with an essay by Tim Stuchtey "Absolute vs. Comparative Advantage of Defense Industries in NATO Countries”. 

The complete compilation can be found here.

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Wachstum und Veränderung im Zeichen der Digitalisierung

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Standpunkt zivile Sicherheit

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Security Management Education in Europe

As part of the fit4sec research team, Alexis Below conducted a survey across Europe in which he analyzed the status quo of European security management education.

The survey serves as exploratory research into current offerings and developments in tertiary security management education to provide new insights and ideas for further research to interested scholars, educators and practitioners in Germany and elsewhere.

The study finds that there is a small number of relatively young programs in each country often based at universities of applied sciences with a strong focus on vocational training. While participants’ backgrounds seem similar across countries, most programs are nationally oriented with little to no formal internationalization. The complete survey can be found here.

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Die Sicherheitswirtschaft in Deutschland 2015

The annual survey, conducted by BIGS, measuring the overall contribution of Germany's security industry for the contry's composite security level since 2012.

The results for 2015 show that the security industry grew faster than the overall German economy. The complete survey can be found here.

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HERMENEUT

HERMENEUT

Cyber security breaches preying on companies’ vulnerable networks, are already part of day-to-day business. Today, to put it bluntly, a mere distinction is made between companies that have been hacked and those unaware of having been hacked. Classical risk analysis methodology, which aims at protecting and covering tangible assets, is inadequate with regard to modern-day cyber-attacks.

For digitalized businesses, intangible assets include the reputation of said business, intellectual property, technological expertise, and brand value, all of which require new insurance strategies and risk management. To foster a culture of inclusive risk management by both individual organizations and complete sectors, ”Enterprises’ Intangible Risks Management via Economic Models Based on Simulation of Modern Cyber-Attacks – HERMENEUT” assesses various organisations’ vulnerabilities and their corresponding at-risk assets, focusing on economic issues of cybersecurity. In this context, answers will be sought to the following questions:

- What are the implications or explicit business models of different types of cyber-attacker? What are their incentive structures, and how can these be affected?
- What are the short-, medium- and long-term risks and consequences for companies following a cyber-attack for both tangible and intangible assets?
- Do other types of attacks, beyond data breaches, severely impact intangible and tangible assets?
- What influence do publications of exploits have on the probability of attacks?
- Does the probability of an attack depend on variables such as the type of business, the market size, or the market power?

HERMENEUT’s cyber-security cost-benefit approach combines integrated assessment of companies’ vulnerabilities and the likelihood of these vulnerabilities with an economic model for intangible costs. This model delivers a quantitative estimation of the risks for an organisation or a business sector, as well as investment guidelines for mitigation measures. The project is part of the EU-funded Horizon 2020 research and innovation programme. BIGS, together with ten partners from Belgium, France, the United Kingdom, Israel and Italy, will help developing an innovative methodology and an advanced micro- and macro-economic model, making it available to the European research community.

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