Stevens Institute of Technology professors Susanne Wetzel and Thomas Lechler have received a two-year, $144,038 U.S. National Science Foundation grant to study advanced problems in managing information security. Wetzel and Lechler say their project has the potential for significant practical and theoretical progress in information security management. “During the past decade, research in information security has expanded from a purely technical focus to a more general technology-economic focus,” the researchers say. “Despite its expansion, a multidisciplinary approach to understand and theoretically explain the interaction of security and economy within complex systems of partners is still missing.” The project’s primary objective is to develop an interdisciplinary information security framework to optimize and advance both system information security and system productivity. The researchers give the example of a hospital that exchanges patient data records with governmental data and insurance companies. “This may allow an insurance company to combine and deduce information from different data sources that could pose a security threat which is not addressed by traditional security considerations,” they say. “From a security economics perspective, the impact of information exchange between partners on their productivity has to be considered to understand the conditions under which partners will obey or violate information security policies.”
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