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The WiKID Blog

Viewing posts tagged Security and Economics

marginal-revolution-on-vaccinations

Kiss me, I'm vaccinated:

People who have the flu spread the virus so getting a flu shot not only reduces the probability that I will get the flu it reduces the probability that you will get the flu. In the language of economics the flu shot creates an external benefit, a benefit to other people not captured by the person who paid the costs of getting the shot. The external benefits of a flu shot can be quite large. Under some conditions each person who is vaccinated reduces the expected number of other people who get the flu by 1.5.
Perhaps we have been taking the wrong tack thinking about how to punish PC users who have malware on their machines.. Maybe offering additional benefits to users with verifiable security mechanisms is a better solution. Maybe one of those benefits would be access to IRC channels often used by malware to contact their controller.

absorbing-the-cost-of-identity-fraud

Dave Kearns has a response to Robin Wilton's musings on user-centric identity prompted by a WSJ article on Monday about research from from Javelin Strategy & Research and the Better Business Bureau.

computer-crime-and-security-survey-shows-increase

The annual CSI survey is (almost) out and it shows a big increase in reported costs. Companies reported average annual losses of $350,424 in the past year, up sharply from the $168,000 they reported the previous year.

tax-credits-for-telecommuting

The state of Georgia is offering tax credits for setting up telecommuting programs. Find our more at the Clean Air Campaign website.

comments-on-pete-lindstroms-rosi-post

I'm short on time, but I did want to do a quick post about Pete Lindstrom's post on ROSI. He makes a good point about effieciencies. But there are three ways a company creates value:

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