Using textual analysis and comparing cybersecurity-risk disclosures of firms that were hacked to others that were not …, we propose a novel firm-level measure of cybersecurity risk for all US-listed firms. We then examine whether … cybersecurity risk is priced in the cross-section of stock returns. Portfolios of firms with high exposure to cybersecurity risk …

We develop a novel firm-level measure of cybersecurity risk using textual analysis of cybersecurity-risk disclosures in … corporate filings. The measure successfully identifies firms extensively discussing cybersecurity risk in their 10-K, displays … intuitive relations with quantitative measures of cybersecurity risk disclosure language, exhibits a positive trend over time …

cybersecurity attacks. We investigate the impact of such cybersecurity breaches on bitcoin returns. Using several alternative … specifications we test the hypothesis that bitcoin returns experience a decrease on the dates associated with cybersecurity breaches … important but not widely recognized source of cryptocurrency market risk …

-party entities like cybersecurity service providers who are frequently at the frontlines of dealing with these attacks. Leveraging … data on cyber attacks and stock market returns for a sample of U.S. based cybersecurity defense contractors from 2000 to … cybersecurity defense contractors, with important implications for national cybersecurity. …