Description
Total length: <1 hour
The internet was not built with security in mind — and the market, left to its own devices, has consistently failed to fix that. In this course, examine why the economics of cybersecurity are, to use a technical term, a bit mad: from the fragile volunteer-maintained infrastructure underpinning global digital life, to the perverse incentive structures that let major breaches cost their perpetrators nothing, to the long-standing habit of blame-shifting responsibility onto ordinary users. Drawing on real-life cases, the course then turns to what can actually be done — weighing regulatory interventions, the role of insurance and corporate governance, and the ultimate ambition of building security into technology by design.
Content details
The economics of cybersecurity
Introduction
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Market failure
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Little fixes
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What big tech looks after
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The cautionary tale: software
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The cautionary tale: data & regulation
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The cautionary tale: hardware
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Where the market sort of works for security
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Cost of major incidents
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Blameshifting in cybersecurity
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A digression on cars
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Market for lemons
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The regulatory intervention
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Non-regulatory non-intervention
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Secure by design: an impossible nirvana?
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