Secure or insure?: a game-theoretic analysis of information security games

Despite general awareness of the importance of keeping one's system secure, and widespread availability of consumer security technologies, actual investment in security remains highly variable across the Internet population, allowing attacks such as distributed denialof-service (DDoS) and spam distribution to continue unabated. By modeling security investment decision-making in established (e.g., weakest-link, best-shot) and novel games (e.g., weakest-target), and allowing expenditures in self-protection versus self-insurance technologies, we can examine how incentives may shift between investment in a public good (protection) and a private good (insurance), subject to factors such as network size, type of attack, loss probability, loss magnitude, and cost of technology. We can also characterize Nash equilibria and social optima for different classes of attacks and defenses. In the weakest-target game, an interesting result is that, for almost all parameter settings, more effort ...

• Type: Conference
• Year: 2008
• Where: WWW
• Authors: Jens Grossklags, Nicolas Christin, John Chuang
• Keywords: Internet Technology, Security Investment Decision-making, Security Keywords Economics, Versus Self-insurance Technologies, WWW 2008