■ We focused on government and firm resource allocation strategies involved in cybersecurity risk planning. ■ Firms focus on prevention, detection, and containment safeguards, while government focuses on intelligence. ■ The countermeasure portfolio accounts for a strategic attacker and firm budgetary constraints. ■ Externality may reduce government intelligence. ■ Firms give preference to detection investment over containment safeguards. Executive Takeaways
Minjiao Zhang, Associate Professor of Quantitative Analysis Jomon A. Paul, Professor of Quantitative Analysis
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