In the study of economics there is a technique called Pareto optimality. Pareto Optimality, or Pareto Efficiency, is a guiding force of economic efficiency. Simply put, it is the principle that there exists a balancing point between opposing interests where neither party benefits more than the other. But how does this relate to cybersecurity? Let us explain.
In Part 1, we discussed cybersecurity, primarily from the defensive point of view, and provided a simplistic explanation of Pareto Optimality. But defense isn’t the only side at play. We tend to think, however, in terms of defense, which leans toward a linear thought process.