Objective The Task of VALUESEC is defining, context modeling, weighting and quantifying attributes of costs and benefits, advantages and disadvantages of security measures, and demonstration of an application tool evaluating the different effects and the aggregated value of security measures.It will generate a knowledge base of the status and trends in theory and in practical applications of methods of economics applied to security decision making. The great challenge will be to combine economical (mostly quantitative) and societal effects (mostly qualitative) of security measures into a “value function”, one methodology framework and integrate it into a toolkit which will be flexible and user friendly, and applicable to a large spectrum of possible decisions in the security domain. Decisions supported by this tool will be more transparent and better rationalized than present.Project approach:- Problem Analysis and Requirements: Which typical problem classes should be addressed? Analyze and describe decision making processes and requirements for improvement.- Theories, Methodologies, Components: Which existing approaches to value and utility functions can be exploited to security decisions? Identification of innovation potential.- Design and usability: Which functions should the tool be capable to perform to provide for effective decision support? Define functionality, attributes and usable models and map them against identified problem classes- Development: How will the system work? Transformation of the models and utility function into applicable tools.- Evaluation: How do the implemented tools really work and help? Proof of the power and applicability of the tools in realistic use cases.- Dissemination and exploitation: How will findings and results be propagated and brought to practical use? How should research on security economics continue? Help pave the way to a future with more transparent and valuable security decisions. Fields of science social scienceseconomics and businesseconomics Programme(s) FP7-SECURITY - Specific Programme "Cooperation": Security Topic(s) SEC-2010.6.3-3 - Research on rigorous methodologies for assessment of security investments and trade-off between security and other societal objectives (e.g. privacy and social cohesion) SEC-2010.6.4-1 - Cost-benefit analysis of the present and future security measures in Europe Call for proposal FP7-SEC-2010-1 See other projects for this call Funding Scheme CP - Collaborative project (generic) Coordinator FRAUNHOFER GESELLSCHAFT ZUR FORDERUNG DER ANGEWANDTEN FORSCHUNG EV EU contribution € 859 460,00 Address HANSASTRASSE 27C 80686 Munchen Germany See on map Region Bayern Oberbayern München, Kreisfreie Stadt Activity type Research Organisations Administrative Contact Maximilian Steiert (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data Participants (9) Sort alphabetically Sort by EU Contribution Expand all Collapse all TEKNOLOGIAN TUTKIMUSKESKUS VTT Finland EU contribution € 565 613,25 Address TEKNIIKANTIE 4 A 02044 VTT ESPOO See on map Activity type Research Organisations Administrative Contact Helena Kortelainen (Ms.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data CESS GMBH CENTRE FOR EUROPEAN SECURITY STRATEGIES Germany EU contribution € 371 520,00 Address OSTERWALDSTRASSE 57 80805 MUNCHEN See on map Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Administrative Contact David Deyl (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data INSTITUTT FOR FREDSFORSKNING Norway EU contribution € 281 817,25 Address HAUSMANNS GATE 3 0186 Oslo See on map Region Norge Oslo og Viken Oslo Activity type Research Organisations Administrative Contact Lars Even Andersen (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data UNIVERSITETET I STAVANGER Norway EU contribution € 225 568,00 Address KJELL ARHOLMS GATE 41 4021 Stavanger See on map Region Norge Vestlandet Rogaland Activity type Higher or Secondary Education Establishments Administrative Contact Troels Jacobsen (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data ATOS SPAIN SA Spain EU contribution € 402 188,00 Address CALLE DE ALBARRACIN 25 28037 Madrid See on map Region Comunidad de Madrid Comunidad de Madrid Madrid Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Administrative Contact Pereira-Carlos Jorge (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data INSTYTUT TECHNIK INNOWACYJNYCH EMAG Poland EU contribution € 190 920,00 Address ULICA LEOPOLDA 31 40 189 KATOWICE See on map Activity type Research Organisations Administrative Contact Adam Piasecki (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data WHITE CYBER KNIGHT LTD Israel EU contribution € 353 867,60 Address KINERET 15 51201 BNEI BRAK See on map Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Administrative Contact Eyal Adar (Mr.) Links Contact the organisation Opens in new window Total cost No data AYUNTAMIENTO DE VALENCIA Spain EU contribution € 144 256,00 Address PLAZA AYUNTAMIENTO 1 46002 Valencia See on map Region Este Comunitat Valenciana Valencia/València Activity type Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments) Administrative Contact Angel Albendin (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data TECHNISCHE UNIVERSITAET MUENCHEN Germany EU contribution € 48 000,00 Address Arcisstrasse 21 80333 Muenchen See on map Region Bayern Oberbayern München, Kreisfreie Stadt Activity type Higher or Secondary Education Establishments Administrative Contact Katrin Hörmann (Ms.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data
