Executive Takeaways
■ Firms should invest in prevention and detection simultaneously for an optimal security architecture. ■ Sharing information between firms is beneficial only when the cost of detection is high. ■ Assigning a central planner to administer cybersecurity may be preferable to other forms of organization. ■ Adversarial agents disrupt the more critical functions of a firm to balance achievement of their goals against the probability of detection.
Jomon A. Paul, Professor of Quantitative Analysis Abhra Roy, Associate Professor of Economics
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