Economics Of Privacy Essay

PAGES
2
WORDS
459
Cite

¶ … Security Area 1 Role of Insurance

The role of insurance in the economics of information of security is a necessary component to success of this holistic approach to operational or tactical strategy. Insurance designates that varying parties must "ante up" in order to receive the benefits of their venture. The striking idea about this relationship is that information is no different than any other insurable item and any application of the insurance markets may very well be applicable in the information security arena.

Area 2 Construction of a Market for Vulnerabilities

By making the exposure of information a dangerous action, that can be profited off of, suggests that information...

...

The unique qualities of information and its power to impact on the unknown allows this "good" to be treated in this manner. Finding holes in security is a useful task to help prevent larger, more serious breaches of safety that may be more impactful in the long run.
Area 3 Strategic Role of Security

Any strategic outlook of any firm must be aware of the inherent threats to its well being. Strategies are based upon assumptions and facts, as they must be synthesized to make the organization functional at an economic level. The role of security within this strategy must be developed by leadership and understood by all. The strategic outlook of any…

Sources Used in Documents:

References

Camp, L. (2006). The State of Economics of Information Security. I/S A Journal of Law and Politics, 2, 2. 2006.


Cite this Document:

"Economics Of Privacy" (2014, September 10) Retrieved May 19, 2024, from
https://www.paperdue.com/essay/economics-of-privacy-191674

"Economics Of Privacy" 10 September 2014. Web.19 May. 2024. <
https://www.paperdue.com/essay/economics-of-privacy-191674>

"Economics Of Privacy", 10 September 2014, Accessed.19 May. 2024,
https://www.paperdue.com/essay/economics-of-privacy-191674

Related Documents
Economic Final Report
PAGES 4 WORDS 1317

Economic Final Report Types of economic systems Economic systems vary from one nation to another. Traditional economic systems refer to an economic system founded by tradition. The services and goods that people provide through the work they do, how people exchange and use the resources are trends that follow permanent patterns. These are not dynamic economic systems because there are minimal changes. In this economic system, people live on static standards. They

Privacy Graeff and Harmon (2002) studied the issue of consumer views about privacy, and found a few things. They found that consumers are generally concerned about privacy, but that the level of their concerns varied by demographic market segments. Further, they supported the long-held view that consumer concerns about privacy and how their personal information is used will affect their desire to make purchases on the Internet. Thus, there is a

Privacy Rules HIPPA Over the years, various regulations have been enacted to ensure increased amounts of protection for the general public. The Health Insurance Portability and Accountability Act (HIPPA) was designed for several different reasons. The most notable include: to ensure that laid off employees are receiving continuous health insurance coverage, prevent fraud / abuse and to protect the privacy of all patients. This is significant, because it created a new

Economics in the IT Industry -- Additional Four Pages for Your Essay Making Information Technologies a Competitive Strength The pace and depth of innovation continues to accelerate in all sectors of IT. Across all sectors, enterprise and organizations that choose to automate their core business processes using IT systems and platforms are gaining the greatest impact of all however. Manufacturing and services companies are adopting Enterprise Resource Planning (ERP) systems to streamline

Since its inception, the Food and Drug act developed into the Food and Drug Administration, which is responsible for oversight and administration of the rules. Once an application to test a new drug compound has been approved, it must pass a series of tests. Only about 23% of all drug compounds that enter into Phase I ever make it through this phase and into the second phase (Scherer, 2000). This

The onus of who is responsible, the consumer, the private institutions, or even the government will come into question. A brief revue of the history of the credit card is also in order since the use of "plastic" money has certainly contributed to the identity theft crisis. Past and current legislation will be analyzed regarding this new crime in both its cyber and analog presentations. Lastly, an opinion and