Question group

Cyber Security and Digital Identity (CSDI) - Economic consideration of cyber security practices

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Cyber Security and Digital Identity (CSDI) - Economic consideration of cyber security practices How can government intervention best foster and encourage innovation that becomes globally foundational to securely operating digital systems? What is the cyber equivalent of the three-point belt? How do we maximise the chances that the UK cyber ecosystem begets such an invention? Department for Science, Innovation & Technology, 2024
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Cyber Security and Digital Identity (CSDI) - Economic consideration of cyber security practices What is the trade-off of cost compared to security that companies are seeing? Could the cost of security cause businesses to minimise or abstain from effective security protocols and codes of practice that are produced by governments, regulators and international organisations/bodies? If so, what could be done to mitigate this risk? Department for Science, Innovation & Technology, 2024
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Cyber Security and Digital Identity (CSDI) - Economic consideration of cyber security practices What can the current evidence and available economic data tell us regarding price modelling, taking into account global supply chains where relevant? Department for Science, Innovation & Technology, 2024
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Cyber Security and Digital Identity (CSDI) - Economic consideration of cyber security practices What are the costs associated with higher levels of cyber security services or regulated businesses (e.g. those under NIS regulation), in regards to products and services? Who pays for these costs? If they are passed onto the consumer then how is this incorporated into the product or service? How can price differentials be clearly identified? Department for Science, Innovation & Technology, 2024
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Cyber Security and Digital Identity (CSDI) - Economic consideration of cyber security practices How does cyber security impact the price or competitiveness of a product or service? Does greater cyber security increase the price of goods and services? How much of a difference does it make to the price of products and services? If they internalise these costs, how much is the cost to the manufacturer/supplier? Are more secure products and services outcompeting competitors due to being more secure or are cheaper alternatives (with less security) more competitive in the marketplace? Does greater security of UK products lead to them outcompeting other brands on the international stage? Are UK products considered premium products internationally due to greater security by design? Does security provide competitive advantage both within the UK market and internationally? Department for Science, Innovation & Technology, 2024
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