economics of security

The CrowdStrike Outage and Market-Driven Brittleness
Friday’s massive internet outage, caused by a mid-sized tech company called CrowdStrike, disrupted major airlines, hospitals, and banks. Nearly 7,000 flights were canceled. It took down 911 systems and factories, courthouses, and ...
Backdoor in XZ Utils That Almost Happened
Last week, the Internet dodged a major nation-state attack that would have had catastrophic cybersecurity repercussions worldwide. It’s a catastrophe that didn’t happen, so it won’t get much attention—but it should. There’s ...
Ross Anderson
Ross Anderson unexpectedly passed away Thursday night in, I believe, his home in Cambridge. I can’t remember when I first met Ross. Of course it was before 2008, when we created the ...
Drones and the US Air Force
Fascinating analysis of the use of drones on a modern battlefield—that is, Ukraine—and the inability of the US Air Force to react to this change. The F-35A certainly remains an important platform ...
What Will It Take?
What will it take for policy makers to take cybersecurity seriously? Not minimal-change seriously. Not here-and-there seriously. But really seriously. What will it take for policy makers to take cybersecurity seriously enough ...
Hacking the Tax Code
The tax code isn’t software. It doesn’t run on a computer. But it’s still code. It’s a series of algorithms that takes an input—financial information for the year—and produces an output: the ...
SolarWinds and Market Incentives
In early 2021, IEEE Security and Privacy asked a number of board members for brief perspectives on the SolarWinds incident while it was still breaking news. This was my response. The penetration ...
An Examination of the Bug Bounty Marketplace
Here’s a fascinating report: “Bounty Everything: Hackers and the Making of the Global Bug Marketplace.” From a summary: …researchers Ryan Ellis and Yuan Stevens provide a window into the working lives of ...
Illegal Content and the Blockchain
Security researchers have recently discovered a botnet with a novel defense against takedowns. Normally, authorities can disable a botnet by taking over its command-and-control server. With nowhere to go for instructions, the ...

Should There Be Limits on Persuasive Technologies?
Persuasion is as old as our species. Both democracy and the market economy depend on it. Politicians persuade citizens to vote for them, or to support different policy positions. Businesses persuade consumers ...