Wednesday, May 14, 2008

[FDE] Amateurs study cryptography; professionals study economics

A new book from Dr. Albert N. Link of University of North Carolina titled "Cyber Security: Economic Strategies and Public Policy Alternatives," explores the role businesses and governments can play to ensure that dangerous data security breaches are avoided. The book provides the first systematic analysis of the economics of protecting cyberspace.

"More than $1 billion is spent annually by the private sector on cyber security," said Link, who is the United States representative on the United Nations Economic Commission for Europe where he evaluates innovation and competiveness policies for the European Union. "That translates to $1,500 per employee. Many companies have no idea how to employ the usefulness of cyber security tools. There are no benchmarks for companies."

Read more @:
http://www.uncg.edu/ure/news/stories/2008/may/UNCGCyberSecurityBook.htm051308.htm

I am copying Dr. Link in case he wants to share some thoughts on his upcoming book. He is head of the Department of Economics and director of the MBA Program

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