Data breaches have been causing havoc for many years and continue to rise, demanding a more comprehensive framework to assess their severity. This study proposes a cybersecurity risk quantification and classification framework, addressing a significant research gap in breach severity evaluation....

Global cyber-attacks significantly impact the economy, society, organizations, and individuals. Existing research on cyber-attacks lacks in demonstrating Artificial Intelligence (AI) based analytical solutions for providing country-wide cyber threat intelligence. Cyber strategists at a national...

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....