THE NEW ECONOMICS OF INFORMATION SECURITY.

Discusses the need for information security managers to examine the economics of security to protect their companies. Indirect costs and negative impact of lack of security on companies' reputations; Use of return on investment and net present value to economically justify information-security investments; Advantages of using net present value; Problem of externalities; Information sharing issues. INSET: CYBERCRIMES' TRUE PRICE: Crime may not pay, but someone has to....