00714nas a2200169 4500000000100000000000100001008004100002260000900043653001800052653002200070653002100092100001400113245004000127300001000167490000700177520036000184 2006 d c200610aCybersecurity10aEconomic Analysis10aIllegal Behavior1 aXingan Li00aCybersecurity as a Relative Concept a11-240 v183 a

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.