The Law and Economics of Cybersecurity

The Law and Economics of Cybersecurity

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  • Author: Mark F. Grady
  • Publisher: Cambridge University Press
  • ISBN: 9780521855273
  • Category : Business & Economics
  • Languages : en
  • Pages : 328

Cybersecurity is an increasing problem for which the market may fail to produce a solution. The ultimate source is that computer owners lack adequate incentives to invest in security because they bear fully the costs of their security precautions but share the benefits with their network partners. In a world of positive transaction costs, individuals often select less than optimal security levels. The problem is compounded because the insecure networks extend far beyond the regulatory jurisdiction of any one nation or even coalition of nations. This book brings together the views of leading law and economics scholars on the nature of the cybersecurity problem and possible solutions to it. Many of these solutions are market based, but they need some help, either from government or industry groups or both. Indeed, the cybersecurity problem prefigures a host of 21st century problems created by information technology and the globalization of markets.


The Law and Economics of Cybersecurity

The Law and Economics of Cybersecurity

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  • Author: Mark F. Grady
  • Publisher:
  • ISBN:
  • Category : Computer security
  • Languages : en
  • Pages : 14


Economics of Information Security and Privacy III

Economics of Information Security and Privacy III

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  • Author: Bruce Schneier
  • Publisher: Springer Science & Business Media
  • ISBN: 1461419808
  • Category : Computers
  • Languages : en
  • Pages : 289

The Workshop on the Economics of Information Security (WEIS) is the leading forum for interdisciplinary scholarship on information security, combining expertise from the fields of economics, social science, business, law, policy and computer science. Prior workshops have explored the role of incentives between attackers and defenders, identified market failures dogging Internet security, and assessed investments in cyber-defense. Current contributions build on past efforts using empirical and analytic tools to not only understand threats, but also strengthen security through novel evaluations of available solutions. Economics of Information Security and Privacy III addresses the following questions: how should information risk be modeled given the constraints of rare incidence and high interdependence; how do individuals' and organizations' perceptions of privacy and security color their decision making; how can we move towards a more secure information infrastructure and code base while accounting for the incentives of stakeholders?


The Law and Economics of Cyber Security

The Law and Economics of Cyber Security

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  • Author: Bernold Nieuwesteeg
  • Publisher:
  • ISBN: 9789086920693
  • Category :
  • Languages : en
  • Pages : 0

The vast increase in digital insecurity - posed by ransomware, DDoS attacks and data breaches amongst others - requires an intelligent cyber security strategy. Government and industry can shape this strategy with legal instruments, such as regulations and contracts. However, very little is known regarding the social costs and benefits thereof. This is worrisome: cyber security expenditures will rise exponentially in the future as mankind becomes increasingly dependent on the digital world. 'The Law and Economics of Cyber Security' provides an in depth analysis into the root causes of this societal problem. The dissertation investigates novel legal instruments such as the possibility for insurance against cyber risks, the option to cover these risks by means of pooling and the EU data breach notification obligation in the GDPR. Furthermore, the study yields concrete policy recommendations for university, government and industry. In doing so, it combines fundamental analysis with concrete, actionable building blocks for an enhanced national cyber security strategy. Bernold Nieuwesteeg is a Law and Economics researcher at Rotterdam Institute of Law and Economics (RILE), Erasmus University Rotterdam and has been a PhD researcher in the European Doctorate in Law and Economics (EDLE) Program. Bernold is partner at CrossOver, which offers cross company learning programs for mechanics, administrative personnel, social workers and trainees. He is a frequent contributor to the public policy debate in newspapers, conferences and public fora


Cyber Law and Cyber Security in Developing and Emerging Economies

Cyber Law and Cyber Security in Developing and Emerging Economies

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  • Author: Zeinab Karake-Shalhoub
  • Publisher: Edward Elgar Publishing
  • ISBN: 1849803382
  • Category : Law
  • Languages : en
  • Pages : 247

This timely and important book illuminates the impact of cyber law on the growth and development of emerging and developing economies. Using a strong theoretical framework firmly grounded in resource-based and technology diffusion literature, the authors convey a subtle understanding of the ways public and private sector entities in developing and emerging countries adopt cyber space processes. This book reveals that the diffusion of cyber activities in developing and emerging economies is relatively low, with the main stumbling blocks resting in regulatory, cultural, and social factors. The authors argue that cyber crimes constitute a prime obstacle to the diffusion of e-commence and e-governments in developing economies, and governments have an important role in developing control mechanisms in the form of laws. However, setting appropriate policies and complementary services, particularly those affecting the telecommunications sector and other infrastructure, human capital and the investment environment, severely constrains Internet access. Using both strategic and operational perspectives, the authors discuss the concrete experience of constructing and implementing cyber laws and cyber security measures in developing and emerging countries, and analyse their content and appropriateness. Professionals, academics, students, and policymakers working in the area of cyber space, e-commerce and economic development, and United Nations entities working closely with the Millennium Development Goals, will find this book an invaluable reference.


Economics of Information Security and Privacy

Economics of Information Security and Privacy

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  • Author: Tyler Moore
  • Publisher: Springer Science & Business Media
  • ISBN: 1441969675
  • Category : Computers
  • Languages : en
  • Pages : 320

The Workshop on the Economics of Information Security (WEIS) is the leading forum for interdisciplinary research and scholarship on information security and privacy, combining ideas, techniques, and expertise from the fields of economics, social science, business, law, policy, and computer science. In 2009, WEIS was held in London, at UCL, a constituent college of the University of London. Economics of Information Security and Privacy includes chapters presented at WEIS 2009, having been carefully reviewed by a program committee composed of leading researchers. Topics covered include identity theft, modeling uncertainty's effects, future directions in the economics of information security, economics of privacy, options, misaligned incentives in systems, cyber-insurance, and modeling security dynamics. Economics of Information Security and Privacy is designed for managers, policy makers, and researchers working in the related fields of economics of information security. Advanced-level students focusing on computer science, business management and economics will find this book valuable as a reference.


Managing Cyber Attacks in International Law, Business, and Relations

Managing Cyber Attacks in International Law, Business, and Relations

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  • Author: Scott J. Shackelford
  • Publisher: Cambridge University Press
  • ISBN: 1107004373
  • Category : Law
  • Languages : en
  • Pages : 435

This book presents a novel framework to reconceptualize Internet governance and better manage cyber attacks. Specifically, it makes an original contribution by examining the potential of polycentric regulation to increase accountability through bottom-up action. It also provides a synthesis of the current state of cybersecurity research, bringing features of the cloak and dagger world of cyber attacks to light and comparing and contrasting the cyber threat to all relevant stakeholders. Throughout the book, cybersecurity is treated holistically, covering outstanding issues in law, science, economics, and politics. This interdisciplinary approach is an exemplar of how strategies from different disciplines as well as the private and public sectors may cross-pollinate to enhance cybersecurity. Case studies and examples illustrate what is at stake and identify best practices. The book discusses technical issues of Internet governance and cybersecurity while presenting the material in an informal, straightforward manner. The book is designed to inform readers about the interplay of Internet governance and cybersecurity and the potential of polycentric regulation to help foster cyber peace.


Blackhatonomics

Blackhatonomics

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  • Author: Will Gragido
  • Publisher: Newnes
  • ISBN: 1597499765
  • Category : Computers
  • Languages : en
  • Pages : 216

Blackhatonomics explains the basic economic truths of the underworld of hacking, and why people around the world devote tremendous resources to developing and implementing malware. The book provides an economic view of the evolving business of cybercrime, showing the methods and motivations behind organized cybercrime attacks, and the changing tendencies towards cyber-warfare. Written by an exceptional author team of Will Gragido, Daniel J Molina, John Pirc and Nick Selby, Blackhatonomics takes practical academic principles and backs them up with use cases and extensive interviews, placing you right into the mindset of the cyber criminal. Historical perspectives of the development of malware as it evolved into a viable economic endeavour Country specific cyber-crime analysis of the United States, China, and Russia, as well as an analysis of the impact of Globalization on cyber-crime Presents the behind the scenes methods used to successfully execute financially motivated attacks in a globalized cybercrime economy Provides unique insights, analysis, and useful tools for justifying corporate information security budgets Provides multiple points of view, from pure research, to corporate, to academic, to law enforcement Includes real world cybercrime case studies and profiles of high-profile cybercriminals


Cybersecurity and Cyber-Information Sharing

Cybersecurity and Cyber-Information Sharing

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  • Author: Julia M. Morgan
  • Publisher:
  • ISBN: 9781634831376
  • Category :
  • Languages : en
  • Pages : 171

Over the course of the last year, a host of cyberattacks has been perpetrated on a number of high profile American companies. The high profile cyberattacks of 2014 and early 2015 appear to be indicative of a broader trend: the frequency and ferocity of cyberattacks are increasing, posing grave threats to the national interests of the United States. While considerable debate exists with regard to the best strategies for protecting America's various cyber-systems and promoting cybersecurity, one point of general agreement amongst cyber-analysts is the perceived need for enhanced and timely exchange of cyber-threat intelligence both within the private sector and between the private sector and the government. This book examines the various legal issues that arise with respect to the sharing of cybersecurity intelligence, with a special focus on two distinct concepts: (1) sharing of cyber information within the government's possession and (2) sharing of cyber-information within the possession of the private sector. Furthermore, the authors analyze the incentives for companies to share information about cybersecurity breaches with other companies and the federal government, and conclude with a discussion on several bills passed on information sharing in cybersecurity.


Economics of Information Security

Economics of Information Security

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  • Author: L. Jean Camp
  • Publisher: Springer Science & Business Media
  • ISBN: 1402080905
  • Category : Computers
  • Languages : en
  • Pages : 295

Designed for managers struggling to understand the risks in organizations dependent on secure networks, this book applies economics not to generate breakthroughs in theoretical economics, but rather breakthroughs in understanding the problems of security.