Security Economics and European Policy

As Europe moves online, information security is becoming increasingly important: first, because the direct and indirect losses are now economically significant; and second, because growing public concerns about information security hinder the development of both markets and public services. While information security touches on many subjects from mathematics through law to psychology, some of the most useful tools for both the policy analyst and the systems engineer come from economics. In the report, of which this is an abridged version, the author provided an analysis based on security economics of the practical problems in network and information security that the European Union faces at this time.