The Law and Economics of Cybersecurity

The Law and Economics of Cybersecurity
Author: Mark F. Grady
Publisher: Cambridge University Press
Total Pages: 328
Release: 2006
Genre: Business & Economics
ISBN: 9780521855273

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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.

Economics of Information Security and Privacy III

Economics of Information Security and Privacy III
Author: Bruce Schneier
Publisher: Springer Science & Business Media
Total Pages: 289
Release: 2012-09-25
Genre: Computers
ISBN: 1461419816

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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?

Three Essays on the Law and Economics of Information Technology Security

Three Essays on the Law and Economics of Information Technology Security
Author: Ruperto Pagaura Majuca
Publisher:
Total Pages: 200
Release: 2006
Genre:
ISBN: 9781109885392

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This dissertation contains three essays on the law and economics of cybersecurity. Chapter 1 contains the introduction to the problem and the review of the different technological, economic, and law-based solutions hitherto proposed to combat the problem.

Cybersecurity, Law, and Economics

Cybersecurity, Law, and Economics
Author: Gagandeep Kaur
Publisher: Taylor & Francis
Total Pages: 225
Release: 2024-09-16
Genre: Business & Economics
ISBN: 1040144187

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This book examines the intersection between cybersecurity and the law and economy of India and offers a course of action in designing efficacious policies against emerging cybercrimes in the country. It reviews the boom in infrastructure growth in India and the security challenges this presents to the domestic economy and legal system. The contributors conducted a risk assessment of the potential economic impacts and security vulnerabilities, as well as identified the current regulatory and legal gaps regarding cryptocurrency, ecommerce, and digital banking. The book also considers the subject of data localization and sovereignty, and the challenges of establishing an indigenous data architecture. By discussing the economic impact of cybersecurity and incorporating recommendations from scholars, activists, academics, young legal intellectuals, and professionals in the field, the chapters propose new measures and protections for lawmakers and policymakers to adopt. This book will interest researchers and students of cybersecurity, law and economics, international relations, and Indian policymakers.

Managing Cyber Attacks in International Law, Business, and Relations

Managing Cyber Attacks in International Law, Business, and Relations
Author: Scott J. Shackelford
Publisher: Cambridge University Press
Total Pages: 435
Release: 2014-07-10
Genre: Computers
ISBN: 1107004373

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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
Author: Will Gragido
Publisher: Newnes
Total Pages: 213
Release: 2012-12-31
Genre: Computers
ISBN: 1597499765

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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

Cyber Law and Cyber Security in Developing and Emerging Economies

Cyber Law and Cyber Security in Developing and Emerging Economies
Author: Zeinab Karake-Shalhoub
Publisher: Edward Elgar Publishing
Total Pages: 247
Release: 2010-01-01
Genre: Law
ISBN: 1849803382

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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.

Cybersecurity and Cyber-Information Sharing

Cybersecurity and Cyber-Information Sharing
Author: Julia M. Morgan
Publisher:
Total Pages: 171
Release: 2015-01-01
Genre:
ISBN: 9781634831376

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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.