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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.

software-liability-a-bad-idea-that-will-come-too

Time for me to weigh in on the subject of liability for software bugs. Bruce Schneier posted about it here, and Pete Lindstrom responded here. I agree with Lindstrom. It is an incredibly bad idea. Software liability laws will increase the costs of software development so high that it will drive small firms from the market, reduce customer choice resulting in less choice, less innovation and even worse software.

security-through-lingual-obscurity

On a recent trip to Mexico, our casita had a safe in it. The instructions for using it and the combination were printed on a covered sheet of paper sitting on top of the safe. As I scanned for directions on how to change the combination, I read:

it-propoganda-i-dont-think-so

The anonymous CEO blogger has accused me of IT propoganda. Don't worry my feelings aren't hurt ;). Of course, it is in my interest as the CEO of a security firm that more CEOs recognize the value that investing in security brings. However, I would point out a few things that IMO, keep this post from being pure 'propoganda'.

security-and-oil

I've been reading The Prize by Daniel Yergen. I've wanted to read it for quite some time and just ran across a copy at a yard sale. It is excellent. I'm about half-way through.

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