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Price of personal information in cyberspace and compensation for leaks of personal information (Prof. Sakurai Kouichi, Kyushu University) October 16, 2015

posted Oct 5, 2015, 10:58 PM by Edward Vickers   [ updated Oct 5, 2015, 11:01 PM ]
Speaker: Prof. Sakurai Kouichi, Faculty of Information Science and Electrical Engineering, Kyushu University

Venue: Education Department Meeting Room (教育学部会議室) - Ground Floor, Education Department, Arts and Humanities Campus, Kyushu University

Date / time: Friday, October 16, 17:30-19:00

Abstract:

The organizations and companies that have the leakage of personal identifiable information (sometimes abbreviated as PII) leakage should take a lot of necessary actions such as investigation, public relations, and compensation for customers. Especially, in Japan, since mass media tends to broadcast security news and these information leakage incidents in daily news, the organizations or companies are also interested in incident prevention and incident handling planning. On the other hand, it is pointed out that there is the difficulty of understanding cost-benefit of security investments. On top of that, the compensation for the victims in personal identifiable information leakage is not prescribed in regulation or guidelines, and there are only few cases of the civil trials for the compensation. Therefore, compensations are determined by past examples. This talk would like to explorers the model for security incidents cost-benefit analysis, and consider estimation model of compensation for personal identifiable information leakage. We discuss also the security management theory with cyber risk insurance, especially the effectiveness of cyber risk insurance.

Prof. Sakurai's website:
http://itslab.csce.kyushu-u.ac.jp/~sakurai/


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