Introduction to Building a Cybersecurity Industry Model: Simplified for

Main Points

Producers and Consumers
- Producers: Companies that create, sell, install, and maintain cybersecurity products and services.
- Consumers: Companies that buy and use these cybersecurity products and services to protect their business.
Security Solutions
- Companies invest in people, processes, equipment, and services to protect their assets.
- They use risk management to decide how to handle different risks, like avoiding, reducing, transferring, or accepting them.
Market Verticals
- Verticals: Groups of similar businesses, like retail, banking, or government. This grouping helps create specific security products for each type.
- Horizontal Markets: Products, like antivirus software, that can be used by many different types of businesses.
Producers as Consumers
- Producers also need cybersecurity to protect their own business.
- They have a supply chain made up of many other companies providing materials and services.
Enforcers
- Enforcers help regulate and support the network of producers and consumers.
- Examples include government agencies like the Information Commissioner’s Office (ICO) and the police.
Interactions
- Different components of the model (producers, consumers, enforcers) interact in various ways.
- Examples include banks working together on cybersecurity and companies sharing security information through trusted networks.
Complexity of the Model
- The cybersecurity industry model is complex, with many interactions and components.
- The lecture will explore each component in more detail in future lessons.

Summary

This simplified model of the cybersecurity industry helps us understand how producers, consumers, and enforcers interact. Producers create and sell cybersecurity products, while consumers use them to protect their businesses. Enforcers ensure everyone follows the rules. The industry is complex, but this model breaks it down into understandable parts.