Data breaches and identity theft

Arbeitspapier

This paper presents a monetary-theoretic model to study the implications of networks' collection of personal identifying data and data security on each other's incidence and costs of identity theft. To facilitate trade, agents join clubs (networks) that compile and secure data. Too much data collection and too little security arise in equilibrium with noncooperative networks compared with the efficient allocation. A number of potential remedies are analyzed: mandated limits on the amount of data collected, mandated security levels, reallocations of data-breach costs, and data sharing through a merger of the networks.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 2008-22

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Search; Learning; Information and Knowledge; Communication; Belief; Unawareness ; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems ; Financial Institutions and Services: Government Policy and Regulation
• Thema: identity theft ; identity fraud ; data breach ; fraud ; money ; search ; IT-Kriminalität ; Zutrittskontrolle ; Soziale Kosten ; Kriminalitätsökonomik

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Roberds, William ; Schreft, Stacey L.
• Ereignis: Veröffentlichung
• (wer): Federal Reserve Bank of Atlanta
• (wo): Atlanta, GA
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/70707
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ