Cybersecurity: Balancing Efficiency with Long-Term Resilience in Connected Ecosystems

Raphael M. Reischuk ()
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Raphael M. Reischuk: Zühlke Group

A chapter in Connected Business, 2021, pp 233-246 from Springer

Abstract: Abstract More than ever before, our lives are characterized by a high degree of interconnectivity. Large networks of interconnected nodes add value to our society in a variety of facets by leveraging the phenomenon of network effects. However, due to the steady rise of malicious digital activities, the benefits of network effects may diminish over time. In particular, research around assessing the true value of a network often ignores one of the main cost drivers in today’s networks, namely, the pursuit of resilience in order to counter malicious intent. Resilient networks are characterized by their ability to identify, isolate, and exclude malicious nodes from the system, their ability to self-heal, and their ability to sustainably resist disruptive influences. To make the networked systems more resilient, a number of critical success factors can be invoked, including increasing agility and diversity. However, the human quest for efficiency often limits a system’s resilience by cutting off buffers, slack, and redundancy. This article explores the tradeoff between efficiency and resilience with respect to cybersecurity in networked environments.

Keywords: Networks; Network effects; Cybersecurity; Resilience; Efficiency (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-76897-3_13

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DOI: 10.1007/978-3-030-76897-3_13

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