The Economics of Cybersecurity

Thursday April 8, 2021 at 12:15 PM CDT

Cybersecurity

Tyler Moore will join The Salem Center and The Strauss Center for a virtual talk as part of its “Cybersecurity Speaker Series.” Tyler is the Tandy Associate Professor of Cyber Security and Information Assurance in the Tandy School of Computer Science at the University of Tulsa. His research focuses on the economics of information security, the study of electronic crime, and the development of policy for strengthening security. To explore Tyler’s work, please see his personal page here.

We often think of cybersecurity as a purely technical problem. However, cybersecurity failures are often better explained by economics rather than technology alone. In this talk, I describe how misaligned incentives and market failures can expose organizations to attacks despite spending record amounts on countermeasures. I will explore how firms typically manage their cybersecurity investment and share thoughts on how they can strengthen their security in today’s threat environment.