The Market Consequences of Cybersecurity
Defining Externalities and Ways to Address Them
- Authors:
- OECD
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Pages
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139–147
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DOI
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10.1787/9789264056510-8-en
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Abstract
The preceding chapter reported on the efforts and incentives of a variety of Internet market participants. It indicated a number of market-based incentive mechanisms that contribute to enhanced security but also other instances in which decentralised actions may lead to sub-optimal outcomes. A pressing question is: Are participants in the information and communication markets responding adequately to malware, or are improvements possible? Pointing to a variety of reports that show increases in malicious attack trends, one might conclude that markets are not responding adequately. Our analysis revealed a more nuanced picture.