Long-term market implications of data breaches, not. Issue 4 (2nd October 2017)

• Record Type: Journal Article
• Authors: Lange, Russell; Burger, Eric W.
• Is Part Of: Journal of information privacy & security. Volume 13:Issue 4(2017)
• Page Start: 186
• Page End: 206
• Publication Date: 2017-10-02
• Subjects: Privacy, Right of -- Periodicals; Data protection -- Periodicals; Computer security -- Periodicals; Computer security; Data protection; Privacy, Right of; Periodicals; 005.8
• DOI: 10.1080/15536548.2017.1394070
• Languages: English
• ISSNs: 1553-6548

Abstract

ABSTRACT: This report assesses the impact disclosure of data breaches has on the total returns and volatility of the affected companies' stock, with a focus on the results relative to the performance of the firms' peer industries, as represented through selected indices rather than the market as a whole. financial performance is considered over a range of dates from 3 days post-breach through 6 months post-breach, in order to provide a longer-term perspective on the impact of the breach announcement.