Kamiya, Shinichi; Kang, Jun-koo; Kim, Jungmin; … - 2018
decreases sales growth more and lower when the board pays more attention to risk management before the attack. Further, an … attack decreases a firm's risk appetite as it beefs up its risk management and information technology and decreases the risk …-taking incentives of management. Finally, successful cyberattacks adversely affect the stock price of firms in the target's industry …