dc.contributor.author	Vergara Cobos, Estefania
dc.date.accessioned	2024-09-09T14:19:59Z
dc.date.available	2024-09-09T14:19:59Z
dc.date.issued	2024-09-17
dc.description.abstract	In our increasingly interconnected world, where digital technologies are rapidly transforming multiple aspects of daily life, the critical role of cybersecurity cannot be overstated, especially in developing nations. As these countries strive to harness the power of modern technology to drive economic growth, enhance public services, and elevate living standards, they concurrently face heightened risks associated with cyber threats. The increasing exposure of developing countries to cyber incidents is often compounded by various factors, including scarce resources, inadequate infrastructure, political unrest, inefficiencies in cybersecurity and technology markets, shortages of skilled cybersecurity professionals, legislative voids, and rapid rates of digital adoption. "Cybersecurity Economics for Emerging Markets" is a pioneering research work that delves into the drivers and profound consequences of cyber incidents worldwide. From economic setbacks that can destabilize entire economies to interruptions of vital services and impediments to social and economic development, the impacts of cyber incidents are far-reaching. This book analyzes hundreds of scholarly works and thousands of publicly disclosed cyber incidents over the past decade across some 190 countries. It sheds light on these incidents’ characteristics and trends, as well as the proactive roles that private market players and governments can assume to safeguard infrastructure in cyberspace effectively. The book presents practical, evidence-based policy suggestions that include efforts to strengthen the resilience of the most essential and interconnected sectors. It advocates for bolstering the national cybersecurity industries, strategizing cybersecurity research and development, addressing market failures through cybersecurity awareness and training programs, and taking proactive steps to reduce and control contagion effects from cyber incidents. By revealing crucial empirical and theoretical dimensions of cybersecurity economics, this book provides insights that could inform the creation of effective cybersecurity investments, with a focus on developing countries. These insights are invaluable for policy makers and stakeholders committed to fortifying the digital ecosystem against the ever-evolving landscape of cyber threats.	en
dc.identifier	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099091624175097991
dc.identifier.doi	10.1596/978-1-4648-2120-2
dc.identifier.isbn	978-1-4648-2120-2
dc.identifier.other	Library of Congress Control Number: 2024917590
dc.identifier.uri	https://hdl.handle.net/10986/42130
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by/3.0/igo/
dc.subject	CYBER INCIDENTS
dc.subject	CYBERSECURITY MARKET
dc.subject	CYBERSECURITY GAP
dc.subject	CYBERSECURITY ECONOMICS FRAMEWORK
dc.subject	DATA BREACH
dc.subject	DIGITAL TECHNOLOGIES
dc.subject	THREAT LANDSCAPE
dc.title	Cybersecurity Economics for Emerging Markets	en
dc.type	Book
dspace.entity.type	Publication
okr.date.disclosure	2024-09-17
okr.doctype	Publications & Research::Publication
okr.guid	099091624175097991
okr.identifier.doi	https://doi.org/10.1596/42130
okr.region.geographical	World
okr.topic	Information and Communication Technologies::Information Security & Privacy
okr.unit	Office of the Chief Economist for Infrastructure
relation.isAuthorOfPublication	bf6b4829-e7e7-4fdf-b998-7a04a4962c2f
relation.isAuthorOfPublication.latestForDiscovery	bf6b4829-e7e7-4fdf-b998-7a04a4962c2f

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Cybersecurity Economics for Emerging Markets