Cybersecurity Threats and Organisational Response: Textual Analysis and Panel Regression. Issue 1 (2nd January 2021)

• Record Type: Journal Article
• Authors: Jeyaraj, Anand; Zadeh, Amir; Sethi, Vikram
• Is Part Of: Journal of Business Analytics. Volume 4:Issue 1(2021)
• Page Start: 26
• Page End: 39
• Publication Date: 2021-01-02
• Subjects: Cybersecurity threats -- cybersecurity response -- topic modelling -- panel regression; Business intelligence -- Periodicals; Management -- Statistical methods -- Periodicals; Decision making -- Statistical methods -- Periodicals; 658.403
• DOI: 10.1080/2573234X.2020.1863750
• Languages: English
• ISSNs: 2573-234X

Abstract

ABSTRACT: This study examines the relationship between cybersecurity threats faced and cybersecurity response planned by organisations. Classifying cybersecurity threats into four types – physical threats, personnel threats, communication and data threats, and operational threats – this study examines organisational responses to such threats. Using textual data on cybersecurity threats and response gathered from the 10-K reports published by 87 organisations, topic modelling was conducted to assess the threats and response. A cross-sectional time-series regression model fitted on the topic weights showed that cybersecurity response was influenced by cybersecurity threats, beyond the time-invariant control and period variables. Specifically, physical threats and operational threats influenced the technical response; physical threats, communication and data threats, and operational threats influenced the non-technical response; and personnel threats influenced the overall response. Implications for research and practice are discussed.