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Home > About SI > Events > Detail
Event Details
| Title: |
Faculty Candidate Talk: "Secure or Insure? Security Investment (Failures) in Five Economic
Environments" |
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Time: |
1:00 PM-2:00 PM
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Date: |
Wed, February 18, 2009 |
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Location: |
1202 SI North (in person)
Ehrlicher Room, 411 West Hall (videocast) |
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Speakers: |
Jens Grossklags |
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Description: |
Jens Grossklags is a doctoral candidate at the School of Information at the University of California, Berkeley. He is interested in problems concerning information privacy, security, and the implications of interdependent systems on society. Grossklags will present his recent work on the economics of
security.
As a main motivation for his studies, Grossklags cites that computer users express a strong desire to prevent attacks, and to reduce the losses from computer and information security breaches. However, despite the widespread availability of various technologies, actual investments in security remain highly
variable across the Internet population. As a result, attacks such as distributed denial-of-service (DDoS) and spam distribution continue to spread unabated.
Users may struggle to respond vigorously because the effectiveness of security decisions is subject to strong interdependencies in a network, and different types of threats. Grossklags addresses this complexity by analyzing investment decision-making in a unified framework of established (e.g., weakest-link, best-shot) and novel games (e.g., weakest-target). He examines how incentives shift between investment opportunities in a public good (protection) and a private good (self-insurance), subject to factors such as network size, type of attack, loss probability, loss magnitude, and cost of technology. The findings highlight under which circumstances poorly aligned incentives explain the failure of security systems, and when intervention can be successful.
All are invited to attend. To promote in-depth intellectual engagement during the seminar, all are encouraged to read Grossklags' paper (PDF) in advance.
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Sponsor: |
School of Information |
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Contact: |
JoAnne Kerr |
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E-Mail: |
jmkerr@umich.edu |
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Type of event: |
Seminar |
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Of interest to: |
Staff
SI Students
Faculty
SI Affiliates
UM Community
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Home > About SI > Events > Detail
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