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compliance and regulatory enforcement, as well as the regulation's impact on data observability. The economic literature on the …This paper reviews the economic literature on the European Union's General Data Protection Regulation (GDPR). I … highlight key challenges for studying the regulation including the difficulty of finding a suitable control group, variable firm …
Persistent link: https://www.econbiz.de/10013477197
Regulators often rely on self-reported data to determine compliance. Tolerance for missingness in self-monitoring data …
Persistent link: https://www.econbiz.de/10012510614
We construct novel text-based measures of firm-level cyber risk exposure based on quarterly earnings calls of 12,000+ firms from 85 countries over 20+ years. We categorize each cyber-related discussion into topics that capture sentiment, monetary loss, country names, etc. We document new facts...
Persistent link: https://www.econbiz.de/10012585390
We develop a novel firm-level measure of cybersecurity risk using textual analysis of cybersecurity-risk disclosures in corporate filings. The measure successfully identifies firms extensively discussing cybersecurity risk in their 10-K, displays intuitive relations with quantitative measures of...
Persistent link: https://www.econbiz.de/10012482415
-repurposable technology for security and vulnerability to sabotage each raise their own concerns, and point to specific collapse scenarios. In …
Persistent link: https://www.econbiz.de/10012453003
reshaping the risk in consumer privacy and data security. In this essay, I first define the nature of the problem and then …
Persistent link: https://www.econbiz.de/10012453461
Many platforms deploy data collected from users for a multitude of purposes. While some are beneficial to users, others are costly to their privacy. The presence of these privacy costs means that platforms may need to provide guarantees about how and to what extent user data will be harvested...
Persistent link: https://www.econbiz.de/10014322800
's General Data Protection Regulation (GDPR) by using seven years of data from a large global cloud-computing provider. Our …
Persistent link: https://www.econbiz.de/10014486237
Regulation and the negligence rule are both designed to obtain compliance with desired standards of behavior, but they … differ in a primary respect: compliance with regulation is ordinarily assessed independently of the occurrence of harm …, whereas compliance with the negligence rule is evaluated only if harm occurs. It is shown in a stylized model that because the …
Persistent link: https://www.econbiz.de/10012460242
We quantify firms' compliance costs of regulation from 2002 to 2014 in terms of their labor input expenditure to comply … with government rules, a primary component of regulatory compliance spending for large portions of the U.S. economy … share of an establishment's wage bill owing to employees engaged in regulatory compliance. Regulatory costs account on …
Persistent link: https://www.econbiz.de/10013462739