Cybersecurity as a Relative Concept
Publication Type:Journal Article
Source:Information & Security: An International Journal, Volume 18, p.11-24 (2006)
Keywords:Cybersecurity, Economic Analysis, Illegal Behavior
Abstract:Based on the relativity of the concept of cybersecurity, this article analyzes the economic impact of cybersecurity breaches, identifies cybersecurity as a private good that should be provided mainly by the private sector. However, public provision is also necessary when severe security breaches occur and liability mechanisms should be triggered.