The interdependency of information security risks often induces firms to invest inefficiently in IT security management. Cyberinsurance has been proposed as a promising solution to help firms optimize security spending. However, cyberinsurance is ineffective in addressing the investment...

This paper investigates how the awareness of a security vulnerability index affects firms’ security protection strategy and how the information awareness effect interacts with firm incentives and country-wide IT development level. The security index is constructed based on outgoing spams and...

Digital technologies are creating more value and thus becoming more attractive to cyber criminals. Gary Becker provides a philosophy for understanding crimes from an economic perspective, but criminal behavior and potential policies against it differ in the context of a digital economy....