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Cybersecurity as a Relative Concept

Publication Type:

Journal Article

Authors:

Xingan Li

Source:

Information & Security: An International Journal, Volume 18, p.11-24 (2006)

Keywords:

Cybersecurity, Economic Analysis, Illegal Behavior

Abstract:

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.