Description: https://www.defcon.org/images/defcon-16/dc16-presentations/defcon-16-edwards.pdf
Much literature has addressed the issue of the relative sizes of shadow economies in different countries. What is largely missing from this discussion is a more structured discussion on how to incorporate estimates of shadow economic activity into the national income accounting framework and a discussion of how the shadow components of specific industries can be analyzed in either an input-output or macroeconomic framework. After a brief discussion of existing estimates of black market activity, we discuss how black market activities might be measured and incorporated in standard economic models of the economy. We then focus particular attention on the malware industry and discuss how malware activity influences other economic activity (both official and shadow) and discuss possible methods of how malware activity can be estimated, and how the contribution of malware to overall economic activity can be measured. Finally, we discuss how the methods used to integrate malware economic activity into the national income accounts can be applied to other sectors of the economy, and hence how to develop an alternative measure of the size of the shadow economy. With a new baseline incorporating these shadow activities, the economic model is used to examine questions such as: What is the net economic contribution of malware and other shadow economic activity? What would be economic impact of eliminating malware and other shadow activity in all its forms?
Tags: securitytube , defcon , def con , hacking , hackers , information security , convention , computer security , DC 16 , Defcon 16 , dc-16 ,
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