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Cyber assets at risk : monetary impact of U.S personally identifiable information mega data breaches

Recurso electrónico / Electronic resource
Section: Articles
Title: Cyber assets at risk : monetary impact of U.S personally identifiable information mega data breaches / Omer IIker Poyraz...[Et al.]
Notes: Sumario: This study investigates various factors that can affect the monetary impact of data breaches on companies. This paper introduces a model for the total cost of a mega data breach based on a data set created from multiple sources that categorises stolen data for U.S. residents as personally identifiableinformation (PII) and sensitive personally identifiable information (SPII). Weuse a rigorous stepwise regression analysis that includes polynornial and factorial multilevel effects of the independent variables.There are three significant findings. First, our model finds a significantrelation between total data breach cost and revenue, the total amount of PIl and SPIl, and class action lawsuits. Second, the categorisation of personal information as sensitive and non-sensitive explains the cost better than previous work. Finally, all of the independent variables demonstrate multilevelfactorial interactions.Related records: En: Geneva papers on risk and insurance : issues and practice. - Geneva : The Geneva Association, 1976- = ISSN 1018-5895. - 01/10/2020 Volumen 45 Número 4 - octubre 2020 , p. 616-638Materia / lugar / evento: Impacto económico Ciberriesgos Brecha de protección Protección de datos Ciberseguridad Gerencia de riesgos Estados Unidos Otros autores: IIker Poyraz, Omer
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