by Bruce Schneier

Keynote: The Economics of Information Security

News
Feb 14, 20072 mins

02/14/2007, 09:00 AM - 10:00 AM

Bruce Schneier Bruce Schneier

Founder and Chief Technical Officer, Counterpane Internet Security, Inc.

Surveying current trends in information security, it’s clear that a myriad of forces are at work. But fundamentally, security is all about economics: both attacker and defender are trying to maximize the return on their investments. Economics can both explain why security fails so often, and offer new solutions for security success. For example, often the people who could protect a system are not the ones who suffer the costs of failure. Changing those economic incentives will do more to improve security than more technology.


Biography

Bruce Schneier is an internationally renowned security expert and CTO of Counterpane Internet Security, Inc. He is the author of eight books–including the best sellers “Beyond Fear: Thinking Sensibly about Security in an Uncertain World,” “Secrets and Lies,” and “Applied Cryptography”–as well as the Blowfish and Twofish encryption algorithms. His influential newsletter, Crypto-Gram, is read by over 100,000 people. Schneier is regularly quoted in the press, and his essays have appeared in national and international newspapers and magazines. He has been interviewed on television and radio about security issues, has testified before Congress, and is a frequent writer and lecturer on issues surrounding security and privacy.

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