The economics of cybersecurity for the undecided

Minimalist · Mar 22, 2017

Buyers rarely use all the information necessary to evaluate the utility of a particular good or service even when it’s accessible, but in most cases, they do not possess even a fraction of the information available to the vendors.
This information imbalance means that the buyers of antivirus software are placing themselves in the precarious safekeeping of invisible market forces or, even worse, at the mercy of market-dominant vendors. Consumers who don’t like this setup either buy cheaper products (thus reducing the risk of overpaying for a product with qualities they’re unable to evaluate) or postpone the decision to purchase until more information is available.
On the flip side of this conundrum is the cost of doing nothing, a pervasive concept despite its counterintuitive name. In the context of cybersecurity, this means that the decision not to buy antivirus software might end up costing way more than a single-seat license if a CryptoLocker clenches all of your data, photos and correspondence.
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http://www.welivesecurity.com/2017/03/22/economics-cybersecurity-undecided/

guest · Mar 23, 2017

Security must be enforced , not left to the user to decide to have it or not.
MS understood that a bit too late, a bit too much (in some case) , by enforcing updates and other native security features.

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