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Summary
This summary is machine-generated.

Cyber attackers face high initial costs, leading them to exploit fewer, simpler vulnerabilities per software version. This research offers a new model for understanding attacker behavior and improving cyber risk management.

Keywords:
Cyber securityhackers modelrisk managementupdate costs

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Area of Science:

  • Cybersecurity
  • Information Security
  • Computer Science

Background:

  • Current cyber risk management assumes attackers exploit all vulnerabilities.
  • This assumption influences security investments and practices.
  • A new attacker model is needed to reflect realistic attacker behavior.

Purpose of the Study:

  • To propose a novel attacker model based on dynamic optimization.
  • To investigate how initial exploit development costs influence attacker decisions.
  • To provide a more accurate understanding of mass attacker strategies.

Main Methods:

  • Developed a theoretical model using dynamic optimization principles.
  • Analyzed the impact of large, initial, fixed costs for exploit development.
  • Empirically validated model predictions using a large dataset of mass cyberattacks.

Main Results:

  • Attackers prefer to exploit only one vulnerability per software version due to costs.
  • Mass attackers tend to target vulnerabilities with low complexity.
  • There is a delay in weaponizing newly discovered vulnerabilities.

Conclusions:

  • Findings challenge the assumption of attackers exploiting all vulnerabilities.
  • Cyber risk managers can better focus vulnerability management efforts.
  • Establishes a new theoretical and empirical basis for studying attacker processes.