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Optimal investment in cyber-security and cyber-insurance

Countries, firms and individuals all have an interest in keeping their data secure. In this article, Edward Cartwright and Anna Cartwright explore how we can protect against cyber-crime

marginal benefit, marginal cost, insurance, risk, diminishing returns, demand, supply, market equilibrium, adverse selection

On 4 August 2022, a cyber-attack hit the National Health Service (NHS), with NHS 111, mental-health services and emergency prescriptions being taken offline. This resulted in disruption of normal healthcare provision and potential harm to patients. It also likely led to the theft of personal and sensitive data.

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Previous

Investigating the online gaming market: what is the loyalty penalty?

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Questions on negative externalities

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