Biography of Dr. Lawrence A. Gordon

Dr. Lawrence A. Gordon is the EY Alumni Professor of Managerial Accounting and Information Assurance at the University of Maryland (UMD), Robert H. Smith School of Business. He is also an Affiliate Researcher at the Maryland Cybersecurity Center. Dr. Gordon earned his Ph.D. in Managerial Economics from Rensselaer Polytechnic Institute. An internationally known scholar in the areas of managerial accounting and cybersecurity economics, Dr. Gordon's research focuses on such issues as economic aspects of cybersecurity, corporate performance measures, cost management systems, and capital investments. He is the author (or co-author) of over 100 articles, published in such journals as ScienceThe Accounting Review, ACM Transactions on Information and System Security, Journal of Financial and Quantitative Analysis, Journal of Computer Security, Journal of Cybersecurity, Accounting Organizations and Society, Journal of Accounting and Public Policy, MIS Quarterly, Communications of the ACM, Decision Sciences, Omega, Journal of Business Finance and Accounting, Journal of Information Security, European Accounting Review, Accounting and Business Research, Managerial and Decision Economics, and Management Accounting Research. Dr. Gordon's current research emphasizes the importance of utilizing concepts from accounting and economics within an interconnected digital computer-based information systems economy. In particular, he is considered one of the pioneers in the field of cybersecurity economics.  Dr. Gordon is the coauthor of the Gordon-Loeb Model, which provides an economic framework for deriving an organization's optimal level of cybersecurity investments.*  This Model, which is the most widely referenced economics model for deriving the optimal amount to invest in cybersecurity activities, has been featured in the popular press (e.g., The Wall Street Journal). In 2017, the Council of Better Business Bureau recommended the Gordon-Loeb Model as a guide to help small businesses in North America make cybersecurity investment decisions.  A three-minute video describing the Model in non-mathematical terms can be found at: Dr. Gordon also is the author of several books, including Managerial Accounting: Concepts and Empirical Evidence, Managing Cybersecurity Resources: A Cost-Benefit Analysis and Capital Budgeting: A Decision Support System Approach. In addition, he was the Editor-in-Chief (2002-2018) and Co-Editor (1982-2001) of the Journal of Accounting and Public Policy. He is currently on the Editorial Board of several journals. In two authoritative studies, Dr. Gordon was cited as being among the world's most influential/productive accounting researchers.

The recipient of numerous research and teaching awards, Dr. Gordon has been an invited speaker at numerous universities around the world, including Harvard University, Columbia University, Carnegie Mellon University, University of Toronto, London Business School, London School of Economics, the University of Manchester, IE Business School, The University of Tokyo, and the University of California-Berkeley. He has also been an invited speaker (often as the Keynote speaker) at numerous professional (i.e., non-academic) meetings. He also has served as a consultant to several private (e.g., IBM) and public (e.g., U.S. General Accounting Office, now the Government Accountability Office) organizations. In October 2007, he was invited to provide Congressional Testimony concerning his research on cybersecurity economics before a Subcommittee of the U.S. House Committee on Homeland Security. In addition to the Smith School of Business, Dr. Gordon's research on cybersecurity economics has been supported by the U.S. National Security Agency (NSA) and the U.S. Department of Homeland Security (DHS). He is currently a Co-PI on a $5M Grant from the U.S. National Science Foundation to support interdisciplinary cybersecurity education at UMD. Dr. Gordon designed and teaches an innovative course titled “Accounting and Economic Aspects of Cybersecurity” for students in UMD's Honors College program called Advanced Cybersecurity Experience for Students (ACES). He also designed and teaches a course titled "Research on Accounting and Economic Aspects of Cybersecurity" for MS in Accounting students.  In 2016, Dr. Gordon was appointed by UMD's Provost and Senior VP to the Advisory Board of the University's new Maryland Global Initiative on Cybersecurity (MaGIC).
Dr. Gordon's Ph.D. students (i.e., those students for whom he has served as the Chair or Co-Chair of their dissertation) have had initial placements as an Assistant Professor at the Business Schools of such universities as: Northwestern University, University of Southern California, Purdue University, Rensselaer Polytechnic Institute, IE Business School, McGill University, National Taiwan University, College of William & Mary, University of Hong Kong, and Michigan State University. His former M.B.A. students frequently contact him to discuss issues confronting their organizations. Dr. Gordon also is an active member of various professional organizations, a contributor to the popular press (e.g., The Wall Street Journal, USA Today and Financial Times), and served as the President of the University of Maryland Faculty/Staff Club for over a decade.

Prior to joining the University of Maryland, Dr. Gordon was a faculty member at McGill University and the University of Kansas. He also served as a Visiting Scholar at Columbia University while on sabbatical from the University of Maryland.

*The Gordon-Loeb Model was originally published in: Gordon, L. A. and M. P. Loeb, "The Economics of Information Security Investment," ACM Transactions on Information and System Security, (November 2002), pp. 438-457.

Last updated December 2019