Economic Reasons for Security Failures: Ross Anderson

A good, brief article on economics and security failures by Ross Anderson contains some great quotes…

The discipline of security economics teaches us that large systems often fail because incentives are poorly aligned; if someone guards a system while someone else bears the cost of failure, then failure is likely.

As one of my students put it, “All the party invitations in Cambridge come through Facebook. If you don’t use Facebook you don’t get to any parties, so you’ll never meet any girls, you won’t have any kids and your genes will die out.”

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