PANEL DEBATE: The Economics of IoT Security
Moderator: Dr. Eric Vétillard
Panellists will include David Bak, Richard Stamvik, Bernard Vian
In the recent years, security experts like Ross Anderson and Bruce Schneier have shown the importance of economics as a way to understand and improve computer security, in particular when human rationality is involved. IoT is rooted in the real world, with its devices interfaced with real systems, deployed outside of data centers. The economics of IoT security is therefore specific, because of these rich interactions with the real world, which raises many questions. Could a hacker incapacitate all cars from a given manufacturer? Could we avoid it? Can we convince a startup to waste a month on securing its connected toothbrush before releasing it? Is becoming an IoT cybercriminal a smart career move? Will IoT wreak havoc faster than climate change?
After a short introduction providing rapid answers to these key questions, each panellist will provide his view on the principles of economics that could be used to improve the security of IoT, followed by a debate between the panellists.