4 ms·
Great example. It is worth emphasising your model will capture the game from the ransom attackers perspective since for them it is repeated many times. It won'
by RyanHamilton 5y ago
Great example. It is worth emphasising your model will capture the game from the ransom attackers perspective since for them it is repeated many times. It won't give the EV for the attacked as their number of ransom incidents will hopefully be very small rather than tend to infinity. Which likely means the EV will be based on their own personal utility function.
- bumbledraven 5y agoThe Kelly Criterion can be used to analyze the options from the defender’s point of view, e.g.: • pay for security that prevents attacks = lg[company value – cost of security] • don’t pay for security = attack probability × lg[company value – cost of dealing with attack] + (1 – attack probability) × lg[company value]