scholarly journals Cost Benefit Analysis of Incorporating Security and Evaluation of Its Effects on Various Phases of Agile Software Development

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Sushil Kumar ◽  
Avinash Kaur ◽  
Ashish Jolly ◽  
Mohammed Baz ◽  
Omar Cheikhrouhou

This article addresses the costs and benefits of integrating security into the development of applications and gives formulas for calculating security costs and benefits. The lack of safe application might lead to safety issues. Increasingly, there are accidents recorded that expose security flaws in many major software systems. It results in significant losses for consumer companies. While software businesses are working to produce secure software, the utility of secure software is quite limited. In contrast to the traditional manufacturers of commodities, for example, automakers, software developers have no legal responsibility if their products include flaws. The market reacts adversely to software manufacturers with serious vulnerabilities in their products. This is because of the loss of credibility, cost of patches, and so on. The study shows that the market is ready to penalize the supplier for insecurity and therefore offers the chance to deliver safer technologies. To improve cost/efficiency, the vulnerabilities are connected by accessible fixes. Significant savings are gained when security shortcomings are corrected during designing requirements instead of fixing security failures after deploying software. For suppliers, updates are more expensive to produce and publish. In addition, development costs can be reduced by plugging security issues in the early stages of development.

2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.


Spatium ◽  
2015 ◽  
pp. 26-32
Author(s):  
Evangelos Mitsakis ◽  
Panagiotis Iordanopoulos ◽  
Evangelos Mintsis ◽  
Sokratis Mamarikas ◽  
Georgia Aifadopoulou

Transportation projects often require large initial investments and are expected to generate benefits extending far into the future. Thus, there is a need to compare benefits and costs that occur at different periods over time. Since money has a time value, the same amount of money at different time periods does not have the same value. Therefore, it is important to convert costs and benefits into equivalent values when conducting a Cost-Benefit Analysis (CBA). A special category of transportation projects is that of Intelligent Transport Systems (ITS). ITS comprise innovative solutions for travel demand and traffic management, and it is expected to play a key role in future sustainable urban development plans. Compared to other transportation projects, ITS have a lower initial investment. In this paper a framework based on a CBA is presented, assessing costs and benefits of three ITS projects implemented in Thessaloniki, Greece. The paper refers to future developments of ITS in the city of Thessaloniki. The examined systems have already been developed as demonstration systems in various regions throughout Europe. The benefits of the systems have been transferred and scaled up, so as to be in line with the specific characteristics of the Greek environment.


2020 ◽  
Vol 13(62) (2) ◽  
pp. 157-166
Author(s):  
Ștefan Bulboacă ◽  
Ovidiu Mircea Țierean

"This paper aims to evaluate the economic effects that the Romanian National Gambling Office has over the gambling industry and to determine whether this public institution brings enough benefits to cover the costs. The aim of the research was to gather information about the Romanian gambling industry, the way that this industry is managed and to make a comparison between its societal costs and benefits. "


2017 ◽  
Vol 33 (S1) ◽  
pp. 75-76
Author(s):  
Paul van Gils ◽  
Eelco Over ◽  
Anita Suijkerbuijk ◽  
Joran Lokkerbol ◽  
Ardine de Wit

INTRODUCTION:Due to their chronic nature and high prevalence, alcohol and cannabis addiction leads to a significant (disease) burden and high costs, both for those involved and for society. The latter includes effects on health care, quality of life, employment, criminality, education, social security, violence in the public and private domain, and traffic accidents. In the Netherlands, a considerable number of people with an alcohol or cannabis addiction currently do not receive addiction care. Cognitive Behavioral Therapy (CBT) is effective as a treatment for both alcohol and cannabis addiction and is widely used in specialized addiction care centers. This social cost-benefit analysis (SCBA) models costs and benefits of increasing the uptake of CBT for persons with an alcohol addiction and for adolescents with a cannabis addiction, taking into account a wide range of social costs and effects (1).METHODS:The method follows general Dutch guidance for performing SCBA. A literature search was conducted to evaluate efficacy of CBT for alcohol and cannabis dependence. In addition, the social costs of alcohol and cannabis addiction for society were mapped, and the costs of enhancing the uptake of CBT were explored. Costs and benefits of increased uptake of CBT for different social domains were modeled for a ten year period, and compared with current (unchanged) uptake during this period. Compliance problems (about 50 percent of clients do not finish CBT) and fall-back to addiction behavior (decrease of effects of CBT over time) were taken into account in model estimations.RESULTS:Per client treated with CBT, the estimated benefits to society are EUR10,000-14,000 and EUR9,700-13,000, for alcohol and cannabis addiction, respectively. These benefits result from reduced morbidity and mortality, improved quality of life, higher productivity, fewer traffic accidents, and fewer criminal activities.CONCLUSIONS:This SCBA shows that not only treated clients but also society will benefit from an increase in people treated with CBT in specialized addiction care centers.


PEDIATRICS ◽  
1985 ◽  
Vol 75 (4) ◽  
pp. 798-799
Author(s):  
DONALD N. MANGRAVITE

To the Editor.— I would like to commend Walker and colleagues1 for their comprehensive examination of the costs and benefits of neonatal intensive care for infants weighing less than 1,000 grams. However, examining only one group of infants served by a tertiary neonatal intensive care unit (NICU) can be misleading. By definition, a tertiary level NICU is designed to provide a broad range of services to infants with a wide variety of illnesses. As is true for any system expected to provide a broad range of services, some services will result in a more favorable cost-benefit ratio than others.


2014 ◽  
Vol 3 (5) ◽  
pp. 47
Author(s):  
Sanni Yaya ◽  
Xiaonan Li

This paper offers a general guide on how to conduct a proper economic analysis for community-based intervention projects. Identification and quantification of costs and benefits are the focus of the cost benefit analysis. We categorize costs and benefits from human and physical perspectives and pay special attention to the measures of saving human lives accompanied by the proposed calculation methods. We recommend net present value and benefit-cost ratio as the criteria to assess projects and highlight some challenges remaining in the analysis.


Author(s):  
Michael Lescisin ◽  
Qusay H. Mahmoud

This article discusses the development of secure software by means of dynamic analysis tools. A secure software-based system should have security checks and balances integrated throughout its entire development lifecycle, including its deployment phase. Therefore, this article covers both using software security tools for testing code in development as well as monitoring code in deployment to ensure that it is operating securely. The security issues discussed in this article will be split into two categories – memory safety issues and input validation issues. Memory safety issues concern problems of unauthorized memory access such as buffer overflows, stack overflows, use-after-free, double-free, memory leaks, etc. Although not strictly a memory safety issue, concurrency issues, such as data races, will be considered as memory safety issues in this article. Input validation issues concern problems where untrusted input is directly passed to handlers which are designed to handle both data and commands. Examples of this include path traversal, SQL injection, command injection, JavaScript/HTML injection, etc. As a result of this significant difference between these two types of security vulnerabilities, two sets of tools are evaluated with one set focusing on memory safety issues and the other on input validation issues. This article explores the benefits and limitations of current software dynamic analysis tools by evaluating them against both the authors test cases as well as the OWASP Benchmark for Security Automation and proposes solutions for implementing secure software applications.


2011 ◽  
Vol 6 (1) ◽  
pp. 25-32
Author(s):  
Jill S. Rumberger ◽  
Christopher S. Hollenbeak

AbstractObjectives:To determine whether the cost of a statewide smoking cessation program in Pennsylvania could be justified by the benefits.Methods:A cost-benefit analysis of statewide access to smoking cessation programs. We compared three treatment alternatives, both with and without counselling: nicotine replacement therapy, bupropion and varenicline.Results:While the retail price of a pack of cigarettes in Pennsylvania is on average US$4.72, the combined medical costs and productivity losses in Pennsylvania attributable to each pack of cigarettes sold are approximately US$23.78 per pack of cigarettes. The ratio of benefits to cost varied from US$0.97 to US$2.76 saved per dollar spent on smoking cessation programs, depending upon the type of intervention.Conclusions:For most smoking cessation treatments, the benefits of a statewide smoking cessation program in Pennsylvania would greatly outweigh its costs.


2003 ◽  
Vol 8 (2) ◽  
pp. 311-330 ◽  
Author(s):  
V. Santhakumar ◽  
Achin Chakraborty

This paper presents the operational procedures involved in incorporating the environmental costs in the cost–benefit analysis of a hydro-electric project. The proposed project, if implemented, would result in the loss of 2,800 hectares of tropical forests and dislocation of two settlements of about 200 families who are currently dependent on the forests for their livelihood. The forests are mainly used for extracting reed – a material used both by traditional artisans and the paper-pulp industry. The potential environmental costs and benefits of the project are identified and approximate estimates of some of these costs are made for items such as carbon sequestration, bio-diversity, and so on, based on similar estimates made elsewhere. These estimated environmental costs are incorporated into the analysis, and the hypothetical estimate of the non-use value, which would make the project's net benefit zero, is estimated under different discount rates. The analysis brings into sharp focus some crucial factors that have a direct bearing on the social trade-off involved in the project choice.


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