We investigate the impact of customers' cybersecurity breaches (CSBs) on its supplier's relationship-specific investment decisions and the duration of supplier-customer relationship. We document a significant negative association between customer reported CSBs and suppliers'...

Drawing on an analysis of German national cybersecurity policy, this paper argues that cybersecurity has become a key site in which states mobilize science and technology to produce state power. Contributing to STS work on technoscience and statecraft, I develop the concepts of...

In financial markets, clients entrust their capital and data to financial infrastructure providers who are vulnerable to breaches. We develop a model in which infrastructure providers compete to provide secure and efficient client services, in the presence of a cyber-attacker. In equilibrium,...

The increasing cyber connectivity of vehicles and between vehicles and infrastructure will drastically reshape mobility in the coming decades. Although the advent of connected mobility is expected to benefit travelers and society by smoothing traffic, improving rider convenience, and reducing...

We model how a cyber attack may be amplified through the U.S. financial system, focusing on the wholesale payments network. We estimate that the impairment of any of the five most active U.S. banks will result in significant spillovers to other banks, with 38 percent of the network affected on...

Financial institutions are increasingly subject to cyber incidents and attacks. Cyber intrusions threaten these institutions' balance-sheets and reputations, and can undermine their resilience. From a societal perspective, cyber risk is particularly concerning as it regards systemically...

In our increasingly networked world, information relating to an individual is of interest for its commercial value and for its potential to help promote a safe electronic realm, among other things. In the area of commerce, there are markets demanding the collection of personal data, and at the...

This paper presents mathematical models for cyber breach probability as function of security spending in protecting a firm's ICT systems. We derive optimal level of security investment as percentage of value-at-risk. We show that the upper bound of optimal investment can be 1/e, 1/√2π or...

This chapter describes the definitions and scope of cybercrime including an outline of the history of hackers and the role of criminal networks and markets in the dissemination of malicious software. Cybercrime types and methods are described, including the widespread use of deception in...

Applied Cybersecurity practices in the US private and public industry are transitioning to an overall focus on Cyber Risk Management. It is hence necessary to align IT-Cybersecurity professional association application standards and related educational curricula with emerging applications in...