2007
DOI: 10.1080/15536548.2007.10855823
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Geekonomics - The Real Cost of Insecure Software

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“…The combination of software complexity and speed-to-market has put a tremendous strain on software quality. Software application providers have become vulnerable to losing business due to their resources being stretched in software assurance.The economic cost of security vulnerability in web applications alone is currently estimated to be $180 billion and E-Tailers lost about $22 billion in the US last year because of consumers hesitant to do business on-line due to security fears [7].…”
Section: Introductionmentioning
confidence: 99%
“…The combination of software complexity and speed-to-market has put a tremendous strain on software quality. Software application providers have become vulnerable to losing business due to their resources being stretched in software assurance.The economic cost of security vulnerability in web applications alone is currently estimated to be $180 billion and E-Tailers lost about $22 billion in the US last year because of consumers hesitant to do business on-line due to security fears [7].…”
Section: Introductionmentioning
confidence: 99%
“…Vehicles were not equipped with seat belts or crumple zones, as the vendors considered aesthetics more of a selling point than safety. Eventually public opinion changed, catalysed by Ralph Nader's book Unsafe at Any Speed [85], and by US case law enabling accident victims to sue the manufacturer and not just the driver or the car dealer [93]. This led to a change of attitude by car makers, helped along by a multitude of regulatory interventions relating to seatbelts, airbags, driver training, highway design, lighting, signage, and crash barriers.…”
Section: Analogy With Car Safetymentioning
confidence: 99%
“…Cyber-criminals can in principle use any network-attached device -be it a PC, a mobile phone, or even a medical device -to launch service-denial attacks, send spam, and host unlawful content such as phishing websites and indecent images of children. A case has been made, for example, that US lawmakers should create a specific tort of the negligent enablement of cybercrime [93]. Even if the EU is not going to have a 'Software Liability Directive', does it need a regulation creating liability for vendors who negligently put into circulation large numbers of devices that are easily infected by crimeware?…”
Section: Software and Systems Liability Optionsmentioning
confidence: 99%
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