Daniel Cobb

Journal Entry #13

201S

March 31, 2024

The literature review offers a thorough look at cybersecurity through economic principles and social sciences, focusing on key policies like standards and certification, information flow, liability considerations, cybersecurity regulations, and cybersecurity insurance. The discussion on standards and certification, especially mentioning the NIST Cybersecurity Framework, shows how having clear guidelines helps markets run smoothly and lowers risks. This highlights how important it is to have standard rules to make cybersecurity better across different industries. The article adeptly illustrates the economic implications of accurate information dissemination and the potential consequences of misinformation on consumer behavior and business trust. This underscores the need for robust information management practices to maintain market stability and integrity. The debate in the article on cybersecurity regulations presents a nuanced perspective on the balance between compliance and risk management approaches. Advocating for a risk-centric methodology, the article highlights the potential for resilience and innovation amidst evolving cyber threats. In conclusion, the article provides a comprehensive overview of cybersecurity policies within the economic and social science frameworks, offering valuable insights into the multifaceted nature of cybersecurity and its implications for businesses and society at large.