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...

In the aftermath of growing surveillance across the world, especially in the United States, it seems timely to touch upon the existing legal framework on electronic surveillance, considering the privacy aspects with their relevance to cyber law. Electronic surveillance, like traditional...

This paper outlines how a paradigm shift is required when approaching cyber risk management for interbank payment systems, which are affected by the growing interconnectedness of systems, the digitalization of financial services and continuously evolving cyber threats. In this scenario, cyber...

Cybersecurity is becoming imperative as data breaches and information theft occur frequently and impact an immense number of people. The current federal regulatory scheme fails to hold corporations accountable for negligent data management and victims of these deficiencies face several obstacles...

This paper presents a continuous-time dynamic model of market adoption of cybersecurity. Individuals choose whether and when to make a precautionary investment in self-protection against the evolving security risk of direct attack and indirect contagion. The equilibrium adoption path has a...

This paper utilizes three large databases to better understand the characteristics of cyber loss events, especially how to deal with data biases and how cyber losses evolve over time. We first deal with the problem of report delay with an extended two-stage model in combination with detailed...

This paper employs computational linguistics to introduce a novel text-based measure of firm-level cyber risk exposure based on quarterly earnings conference calls of listed firms. Our quarterly measures are available for more than 13,000 firms from 85 countries over 2002-2021. We document that...

Exploiting the staggered adoption of data breach notification (DBN) laws, which obligate firms to disclose data breaches when they occur, as an exogenous shock to data breach disclosures, we find that the adoption of these laws leads to higher future stock price crash risk. The positive relation...

This study contributes to the emerging literature on the determinants and the consequences of cyberattacks by examining the impact of inside debt compensation on a firm’s likelihood of experiencing a cyberattack and on attacked firms’ cash holdings, R&D investments, and asset tangibility. We...

This article aims at providing an alternative explanation to cybersecurity conundrum in trade. This article takes a systemic and holistic stance to observe cybersecurity by applying an institutionalist approach to analyze the cybersecurity provisions in free trade agreements (hereinafter...