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Economic Aspects Of Internet Security, Henk Lm Kox, Bas Straathof
Economic Aspects Of Internet Security, Henk Lm Kox, Bas Straathof
Henk LM Kox
An economic perspective on Internet security is useful not only for identifying weak spots, but also for finding solutions to security problems. It focuses on the behaviour and economic incentives of both infrastructure providers and end users. Individual parties may have insufficient incentives to invest in cybersecurity. The free play of markets markets may not deliver a socially optimal level of security on the Internet for at least three reasons: information asymmetry, externalities and market power. Information asymmetry might occur in various situations. For example, end users are not able to verify whether an Internet Service Provider (ISP) correctly informs …
Cybersecurity In The Perspective Of Internet Traffic Growth, Henk Lm Kox
Cybersecurity In The Perspective Of Internet Traffic Growth, Henk Lm Kox
Henk LM Kox
Private and public concern about digital security, cybercrime and data privacy is growing the last few years. If Internet-related markets are flexible enough to cope with security concerns, given time, one would expect that - per unit of Internet traffic - the number and costs of cybersecurity incidents fall over time. This paper is a first attempt to assess empirically whether overall Internet traffic growth has grown faster than the number of cybersecurity incidents. The conclusion is that, overall, the Internet has over time has become a safer place when measured by the number of security incidents per unit of …