We study the association between firms' disclosures in Forms 10-K of the existence of trade secrets, and cyber theft of corporate data (which we refer to as “Breaches”). Prior academic research explaining occurrence of Breaches is scarce, and no prior study has focused specifically on...

We construct and validate a text-based metric capturing firms' ex-ante exposure to cybersecurity risk, and we document that the rise of cyber threats is redesigning corporate innovation strategies. As firms' exposure to cybersecurity risk increases, managers' reliance on trade-secrets declines,...

This paper studies the effect of cybersecurity risk on the level of corporate cash holdings. Using a large sample of U.S. firms over the period 2007-2017, we find that when cybersecurity risk is higher, firms hold more cash. In addition, we find that the effect of cybersecurity risk is moderated...

This paper is a meta-analysis of national case studies of the governance of cybersecurity in Australia, South Africa and the United Kingdom. It examines its meanings in antitrust, crime, defence, intelligence, privacy, etc. It considers how governments and parliaments have responded to the...

The aim of this paper is to analyze how effective internal audit of cybersecurity is. We developed a Cybersecurity Audit Index composed of three dimensions (planning, performing and reporting) to address this question. We hypothesize that CSA effectiveness is positively related to cyber risk...

In October 2017, the European Systemic Risk Board (ESRB) set up a group whose objective was to examine cyber security vulnerabilities within the financial sector, and their potential impact on financial stability and the real economy. In its first year, the European Systemic Cyber Group (ESCG)...

In October 2017, the European Systemic Risk Board (ESRB) set up a group whose objective was to examine cyber security vulnerabilities within the financial sector, and their potential impact on financial stability and the real economy. In its first year, the European Systemic Cyber Group (ESCG)...

Background: Cybersecurity incidents are a growing threat to the health care industry in general and hospitals in particular. The health care industry has lagged behind other industries in protecting its main stakeholder (ie, patients), and now hospitals must invest considerable capital and...

This study discusses the use of digital technology platforms (DTPs) in the context of cyber-security in the industrial sector, with a focus on digital industry (industrial) platforms (DIPs). A definition of DTPs is presented, including the author's interpretation, as well as the scope of DTP...

The banking system of Bangladesh is facing major security threats because it is easier to get cash and customer's information from this sector. To ensure cyber security of the financial services organizations, introducing cutting-edge technologies, artificial intelligence and orchestration are...