When information improves information security

  • Authors:
  • Jens Grossklags;Benjamin Johnson;Nicolas Christin

  • Affiliations:
  • Center for Information Technology Policy, Princeton University;CyLab, Carnegie Mellon University;CyLab, Carnegie Mellon University

  • Venue:
  • FC'10 Proceedings of the 14th international conference on Financial Cryptography and Data Security
  • Year:
  • 2010

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Abstract

This paper presents a formal, quantitative evaluation of the impact of bounded-rational security decision-making subject to limited information and externalities. We investigate a mixed economy of an individual rational expert and several naïve near-sighted agents. We further model three canonical types of negative externalities (weakest-link, best shot and total effort), and study the impact of two information regimes on the threat level agents are facing.