What's New in the Economics of Cybersecurity?

Abstract

Cyberactors are increasingly adopting traditional and innovative security measures to protect valuable information in the cyberworld. Information-and any aspect of it, such as its abundance, distortion, misuse, and value-governs the cyberworld. In this context, new actors are emerging alongside traditional ones with an essential role for intermediaries, who aim to systematically identify, handle, filter, monitor, and disseminate information. Cyberactors' changing roles highlight how interaction approaches, business models, and organizational practices relate to cybersecurity economics.