Gordon–Loeb model
Imagine you have a piggy bank. This piggy bank holds all of your money, and it's really important to you that nobody takes any of the money out of it. You want to make sure your money is safe and secure. That's where the Gordon-Loeb model comes in.
The Gordon-Loeb model is like a set of instructions that tells you how to keep your piggy bank safe. It helps you decide how much money you should spend on security measures to protect your money. In other words, if you spend too much money on security measures, you won't have any money left to save. But if you don't spend enough on security measures, someone might steal your money.
So, the Gordon-Loeb model helps you find a balance between spending too much and not enough on security measures. This way, you can keep your money safe and still have some left over to save for something special.
In the real world, businesses use the Gordon-Loeb model to make decisions about how much money to spend on cybersecurity. They want to protect their computer systems and customer information from hackers and cyberattacks. By using the Gordon-Loeb model, they can make sure they are spending just the right amount on cybersecurity to keep their business safe and secure.
The Gordon-Loeb model is like a set of instructions that tells you how to keep your piggy bank safe. It helps you decide how much money you should spend on security measures to protect your money. In other words, if you spend too much money on security measures, you won't have any money left to save. But if you don't spend enough on security measures, someone might steal your money.
So, the Gordon-Loeb model helps you find a balance between spending too much and not enough on security measures. This way, you can keep your money safe and still have some left over to save for something special.
In the real world, businesses use the Gordon-Loeb model to make decisions about how much money to spend on cybersecurity. They want to protect their computer systems and customer information from hackers and cyberattacks. By using the Gordon-Loeb model, they can make sure they are spending just the right amount on cybersecurity to keep their business safe and secure.