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The Threat

Although a security failure may be due to someone using the wrong type of access control mechanism or weak cypher, the underlying reason for that is very often one of incentives. Fundamentally, the problem is that when Alice guards a system and Bob pays the cost of failure, things break. Put in those terms, it’s simple and straightforward, but it’s often much more complicated when we start looking at how things actually fail in real life.

ROSS ANDERSON is a professor of security engineering at Cambridge University, and one of the founders of the field of information security economics. He chairs the Foundation for Information Policy Research, and is a fellow of the Royal Society and the Royal Academy of Engineering. Ross Anderson's Edge Bio Page

The Threat [1]

Although a security failure may be due to someone using the wrong type of access control mechanism or weak cypher, the underlying reason for that is very often one of incentives. Fundamentally, the problem is that when Alice guards a system and Bob pays the cost of failure, things break. Put in those terms, it’s simple and straightforward, but it’s often much more complicated when we start looking at how things actually fail in real life.

ROSS ANDERSON is a professor of security engineering at Cambridge University, and one of the founders of the field of information security economics. He chairs the Foundation for Information Policy Research, and is a fellow of the Royal Society and the Royal Academy of Engineering. Ross Anderson's Edge Bio Page [2]

Links:
[1] https://www.edge.org/video/the-threat
[2] https://www.edge.org/memberbio/jonathan_b_losos