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Viewing posts tagged Security and Economics

more-breach-cost-estimates

More data on the cost of cleaning up after a breach, this time from Forrester via InfomationWeek.

The average security breach can cost a company between $90 and $305 per lost record, according to a new study from Forrester Research. The research firm surveyed 28 companies that had some type of data breach.

more-on-low-frequency-high-impact-events

Adam's post yesterday on the agency problem got me thinking more about low-frequency, high-impact events and their predictability. His post was about Bear Stearns and how employees lost money. The interesting point for me was that those are the people that should have been in the best position to know that the potential for a high-impact event was increasing.

more-on-npv-and-aale

I had some requests for clarifications on my previous post about AALE and NPV. Hopefully this will clear up the issues.

of-lexus-lanes-and-safety-spikes-tm

and information security.

I just finished reading the Undercover Economist by Tim Hartford. Great Read. He has a chapter on externality charges. While he doesn't use the term, he's talking about Lexus Lanes - toll lanes that charge a fee for access - think a paid HOV lane.

perception-of-information-security-wealth-and

Great post on Not Bad for a Cubicle about the utility of information security.

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