2020 Cybercrime Economic Costs: No Measure No Solution

Abstract

Governments needs reliable data on crime in order to both devise adequate policies, and allocate the correct revenues so that the measures are cost-effective, i.e., The money spent in prevention, detection, and handling of security incidents is balanced with a decrease in losses from offences. The analysis of the actual scenario of government actions in cyber security shows that the availability of multiple contrasting figures on the impact of cyber-attacks is holding back the adoption of policies for cyber space as their cost-effectiveness cannot be clearly assessed. The most relevant literature on the topic is reviewed to highlight the research gaps and to determine the related future research issues that need addressing to provide a solid ground for future legislative and regulatory actions at national and international levels.