Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/171373 
Authors: 
Year of Publication: 
2017
Series/Report no.: 
Economics Discussion Papers No. 2017-98
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
Market failures are resulting in network operators and device manufacturers not being incentivized to ensure improved cyber security practices in their operations. The result is a large global base of vulnerable computers, modems/routers and Internet of Things devices which can be manipulated by Cyber criminals. Practical recommendations are made as to how governments could address these market failures (with low-cost to government) and significantly improve the health of the cyber ecosystem.
Subjects: 
market failures
Internet of Things
internet service providers
cyber security
JEL: 
L1
L2
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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