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The Center for Strategic Information Technology and Security and the Open Web Application Security Project (OWASP) will be hosting a presentation by Bruce Schneier, internationally recognized security technologist and author, in Minneapolis during January 14, 2008. Schneier's presentation is titled "The Economics of Information Security - 10 Trends."
Surveying current trends in information security, it's clear that a myriad of forces are at work. Fundamentally, security is all about economics: both attacker and defender are trying to maximize the return on their investments. Understanding economics is critical to understanding IT security; it explains why security fails so often, and can offer new solutions for security success. For example, often the people who could protect a system are not the ones who suffer the costs of failure. Changing those economic incentives will do more to improve security than technology.
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