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.
BT - Information & Security: An International Journal DA - 2006 DO - http://dx.doi.org/10.11610/isij.1801 LA - eng N2 -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.
PY - 2006 SP - 11 EP - 24 T2 - Information & Security: An International Journal TI - Cybersecurity as a Relative Concept VL - 18 ER -