2016/04/29 by Timothy J. O’Shea, O'Shea, Timothy J., Adam Mondl +3
Computer Science · #Computers and Society (cs.CY) #Cryptography and Security (cs.CR) #Cybercrime and Law Enforcement Studies #FOS: Computer and information sciences #Information and Cyber Security #Network Security and Intrusion Detection
paper · pdf · doi:10.48550/arxiv.1604.08675
openalex publication_date 2016/04/29 · openalex created_date 2016/06/24 · openalex updated_date 2026/08/01
We introduce a model for a market based economic system of cyber-risk valuation to correct fundamental problems of incentives within the information technology and information processing industries. We assess the makeup of the current day marketplace, identify incentives, identify economic reasons for current failings, and explain how a market based risk valuation system could improve these incentives to form a secure and robust information marketplace for all consumers by providing visibility into open, consensus based risk pricing and allowing all parties to make well informed decisions.