Category: economicsofsecurity

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Security Economics of the Internet of Things

Posted on By infossl
denialofservice, economicsofsecurity, embeddedsystems, incentives, internetofthings, nationalsecuritypolicy, patching, Security technology

Brian Krebs is a popular reporter on the cybersecurity beat. He regularly exposes cybercriminals and their tactics, and consequently is regularly a target of their ire. Last month, he wrote about an online attack-for-hire service that resulted in the arrest of the two proprietors. In the aftermath, his site was taken down by a massive … Read More “Security Economics of the Internet of Things” »

Cybercrime as a Tax on the Internet Economy

Posted on By infossl
cybercrime, economicsofsecurity, liarsandoutliers, mcafee, Security technology

I was reading this 2014 McAfee report on the economic impact of cybercrime, and came across this interesting quote on how security is a tax on the Internet economy: Another way to look at the opportunity cost of cybercrime is to see it as a share of the Internet economy. Studies estimate that the Internet … Read More “Cybercrime as a Tax on the Internet Economy” »

Economic Failures of HTTPS Encryption

Posted on By infossl
academicpapers, certificates, costbenefitanalysis, economicsofsecurity, externalities, https, Security technology, vulnerabilities

Interesting paper: “Security Collapse of the HTTPS Market.” From the conclusion: Recent breaches at CAs have exposed several systemic vulnerabilities and market failures inherent in the current HTTPS authentication model: the security of the entire ecosystem suffers if any of the hundreds of CAs is compromised (weakest link); browsers are unable to revoke trust in … Read More “Economic Failures of HTTPS Encryption” »