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Cybersecurity at European Level: The Role of Information Availability

Author

Listed:
  • Fabio BISOGNI

    (Fondazione FORMIT)

  • Simona CAVALLINI

    (Fondazione FORMIT)

  • Sara DI TROCCHIO

    (Fondazione FORMIT)

Abstract

This paper aims to analyse the cybersecurity issue, taking into account the investment behaviour of operators managing ICT infrastructures and providing ICT services and trying to investigate which kind of actions must be implemented to increase their security level. The main finding is that information availability plays a key role in the cyber-risk assessment for ICT operators and is also critical for improving the cybersecurity behaviour of other ICT stakeholders. From the ICT operator perspective, lack of information affects the real perception of cyber-threat occurrence, the vulnerability of his system and the potential loss in case of cyber-attack. As ICT systems have to be regarded as a network of different actor categories, regulation efforts at the European level should focus on spreading information among all ICT stakeholders in order to reduce failures of the cybersecurity market. Virtuous behaviour of other ICT stakeholders may increase the level of cybersecurity also by reducing the current lack of information on cyber-attacks of ICT operators and pushing their investments.

Suggested Citation

  • Fabio BISOGNI & Simona CAVALLINI & Sara DI TROCCHIO, 2011. "Cybersecurity at European Level: The Role of Information Availability," Communications & Strategies, IDATE, Com&Strat dept., vol. 1(81), pages 105-124, 1st quart.
    • Handle: RePEc:idt:journl:cs8105
    as

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    File URL: http://repec.idate.org/RePEc/idt/journl/CS8105/CS81_CAVALLINI_et_al.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Sylvie Héroux & Anne Fortin, 2020. "Cybersecurity Disclosure by the Companies on the S&P/TSX 60 Index," Accounting Perspectives, John Wiley & Sons, vol. 19(2), pages 73-100, June.

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    More about this item

    Keywords

    cybersecurity; information lacking; risk assessment; investment behaviour; European cybersecurity policy;
    All these keywords.

    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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