Economics, Cyber Security and Innovation Massimo Felici Hewlett-Packard Laboratories Risk Assessment and Cyber Insurance Workshop Brussels, Belgium 27 th April 2015

Position Statements Based on research reviews and consultations with stakeholders, it has emerged a limited understanding of economics of cyber security and privacy Few and limited in scope empirical studies Models tend to be written for modellers rather than practitioners Based on analysis of R&D impact, it has emerged that research outcomes are often misaligned with market needs Technology readiness provides limited indication for technology transfer from public- funded research into products and services Lack of understanding business cases for research outcomes Based on analysis of R&D impact, it has emerged that research and professional forums are effective for networking but provide limited incentives for sharing data and experiences Limited cross-fertilization between different application domains and industries

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Contact Information Massimo Felici Security and Cloud Lab Hewlett-Packard Laboratories T Hewlett-Packard Company Long Down Avenue Stoke Gifford Bristol BS34 8QZ United Kingdom