a column by Claudia Biancotti and Riccardo Cristadoro for VOX: CEPR’s Policy Portal
Cyber attacks are becoming more frequent and increasingly costly.
This column discusses some of the challenges involved in measuring the economic damage caused by these attacks, including a lack of agreement on how to assess damage, an asymmetrical distribution where a few large-scale incidents account for most costs, and externality effects.
A measurement framework, estimation strategy, and reliable data will all be needed for successful policy evaluation.
Continue reading
Yes, this is mainly intended for managers in large organisations but that does not mean that smaller organisations may not be caught up via a supplier network.
Or even individuals in terms of banking and debit/credit card operations.
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