Cybersecurity Economics for Emerging Markets - Softcover

Inhaltsangabe

In an increasingly interconnected world driven by the rapid adoption of digital technologies, the significance of cybersecurity cannot be overstated, particularly in developing countries. As these nations strive to harness the power of technology to fuel economic growth, enhance public services, and improve quality of life, they concurrently face heightened risks associated with cyber threats. The exposure of developing countries to cyber incidents is often compounded by factors such as limited resources, political tensions, inadequate infrastructure, inefficient cybersecurity industry, cybersecurity workforce shortage, and fast-evolving digital landscapes. This book shows that the ramifications of cyber incidents in developing countries can be particularly severe, ranging from financial losses that threat the macroeconomic stability of nations to the disruption of essential services and impediments to socioeconomic progress.As a pioneering work in this field, this book examines thousands of cyber incidents that occurred in the last decade in over 190 countries, identifying their nature, key characteristics, and impact, as well as the roles that markets and governments should take to better protect cyberspace. Thus, this book offers actionable evidence-based policy recommendations for developing nations that include efforts to bolster resilience in the most critical, costliest, and interconnected sectors such as the public administration, health care, finance, and communications, foster the national cybersecurity industry, invest in research and development, and proactive measures to prevent systemic risks. In this sense, this book uncovers key empirical and theoretical aspects on the Economics of Cybersecurity, that could help formulate efficient cybersecurity investments, especially, among developing countries.

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