The financial impact of it security breaches: What do investors think?

Information Systems Security

Volumn 12, Issue 1, 2003, Pages 22-33

  Garg, Ashish ^a   Curtis, Jeffrey ^a   Halper, Hilary ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 85013136025     PISSN: 1065898X     EISSN: None     Source Type: Journal    
DOI: 10.1201/1086/43325.12.1.20030301/41478.5     Document Type: Article

References (25)

1. Atomic Tangerine, “NPV: Information Security,” 2000.
2. Benston, G.J., “Accounting Numbers and Economic Values,” Antitrust Bulletin, 27 (Spring), 161-215, 1982.
3. Bosworth, S. and Kabay, M.E., Eds., Computer Security Handbook, 4th edition, John Wiley & Sons, New York, 2002.
4. Cavusoglu, H. et al., “The Effect of Internet Security Breach Announcements on Market Value of Breached Firms and Internet Security Developers,” The University of Texas at Dallas School of Management, February 2002.
5. “Financial Impact and Background Information on Distributed Denial of Service Attacks,” Computer Economics, 2000.
6. D’Amico, A., “What Does a Computer Security Breach Really Cost?,” Secure Decisions, a division of Applied Visions, September 7, 2000.
7. DeLong, D., “Hackers Said to Cost U.S. Billions, “NewsFactor Network, February 8, 2001.
8. Ettredge, M. and Richardson, V., “Assessing the Risk in E-Commerce,” University of Kansas, October 2001.
9. Fama, E., “Efficient Capital Markets II,” Journal of Finance, 46(5), 1575-1617, 1991.
10. Figg, J., “Cyber Insurance to Cover E-Business,” Internal Auditor, 57(4), August 1, 2000.
11. Gordon, L. and Loeb, M., “Economic Aspects of Information Security,” Rainbow Technologies, August 26, 2001.
12. Greengard, S., “You’ve Been Hacked!,” Workforce, pp. 24-26, April 1, 2000.
13. Kayab, M.E., “Studies and Surveys of Computer Crime,” Computer Security Handbook, 4th edition, 2001.
14. M2Presswire, “New Report from META Group Reveals Security Investments Are Reactionary and Technology Driven,” March 15, 2002.
15. M2Presswire, “Digital Risk Insurance Ignored by UK Businesses; Survey from Scalable Networks Reveals Lack of Awaremess over IT Insurance,” July 16, 2002.
16. McCue, A., “Cost of Each Security Breach -GBP 77,000,” vnunet.com, March 18, 2002.
17. McWilliams and Siegel, “Event Studies in Management Research: Theoretical and Empirical Issues,” Academy of Mangement Journal, 40, 626-657, 1997.
18. Paliotta, A.R., “Beyond the Maginot-Line Mentality: A Total-Process View of Information Security Risk Management,” Information Systems Security, 10(3): 21-50 (July-August 2001).
19. Power, R., Tangled Web: Tales of Digital Crime from the Shadows of Cyberspace, Que, Indianapolis, 2002.
20. QinetiQ, “Risky Business: Understanding the Impact of a Security Breach,” 2002.
21. Research Concepts LLC, “Trends in the Networked World,” 2002 Network World 500 Research Study, May 2002.
22. Siegel, C., Sagalow, T.R., and Saritella, P., “CyberRisk Management: Technical and Insurance Controls for Enterprise-Level Security,” Information Systems Security, 11(5): 33-49 (September- October 2002).
23. Sigmond, S.H., Ed., Safe and Sound: A Treatise on Internet Security, RBC Capital Markets, November 2001.
24. Witty, J. et al., “The Price of Information Security,” Strategic Analysis Report, Gartner Group, June 2001.
25. Yamori, N. and Kobayashi, T., “Is It True that Insurers Benefit from a Catastrophic Event? Market Reactions to the 1995 Hanshin-Awaji Earthquake,” Center for Pacific Basin Monetary and Economic Studies, Federal Reserve Bank of San Francisco, September 1999.