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Economics Of Cybersecurity MOOC Depar
06.01.2015

Economics of Cybersecurity MOOC | Department of Information Systems ­ University of Münster

Economics of Cybersecurity MOOC
Economics of Cybersecurity MOOC
17. November 2014 by Rainer Böhme
Security economics is a thriving research discipline, kicked off in 2001 with Ross Anderson’s seminal paper. There has been an annual workshop since 2002. In recent years there has also been an effort to integrate some of the key concepts and findings into course curricula, including in the
Part II Security course at Cambridge and courses at SMU and the University of Münster.
We are pleased to announce that on 20 January 2015, we will launch an online course on the Economics of Cybersecurity, as part of edX Professional Education. The course provides a thorough introduction to the field, delivered by leading researchers from Delft University of
Technology, University of Cambridge, University of Münster and Southern Methodist University.
The course will provide you with the economic concepts, measurement approaches and data analytics to make better security decisions, as well as understand the forces that shape the security decisions of other actors in the ecosystem of information goods and services. It covers five main areas: 1.

2.

3.

4.

5.

Introduction to key concepts in the economics of cybersecurity. Here, we provide an overview of the properties of information goods and how this shapes the security in these markets.
Measurements and empirical research into security issues, decisions and incentives of actors.
We analyze data on security incidents in different markets, as well apply economic concepts to explain the strategies of attackers and defenders.
Economics of information security investment. We discuss and apply different economic models that help determine the costs and benefits of security investments.
Market failures and policy interventions. We discuss available economic tools to better align the incentives for cybersecurity, including better

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