The Impact of Federal and State Notification Laws on Security Breach Announcements

被引：0

作者：

Goel, Sanjay ^{[1
]}

Shawky, Hany A. ^{[2
,3
]}

机构：

[1] SUNY Albany, Sch Business, New York State Ctr Informat Forens & Assurance CI, Dept Informat Technol Management, Albany, NY 12222 USA

[2] SUNY Albany, Sch Business, Dept Finance, Finance & Econ, Albany, NY 12222 USA

[3] SUNY Albany, Sch Business, Dept Finance, Sch, Albany, NY 12222 USA

来源：

COMMUNICATIONS OF THE ASSOCIATION FOR INFORMATION SYSTEMS | 2014年 / 34卷

关键词：

information security; event study; security legislation; economics of security; security breaches;

D O I：

暂无

中图分类号：

TP [自动化技术、计算机技术];

学科分类号：

0812 ;

摘要：

Firms are under increasing regulatory pressures to protect consumers' confidential information. The focus of this article is to examine the impact of federal and state breach notification laws in coaxing organizations to improve security of customers' confidential information. Specifically, we use event-study methodology to examine the impact of security breach announcements on the market value of firms during the period before and after the enactment of this legislation. Our results show that the negative impacts of security breach announcements on stock prices have been reduced significantly after the enactment of federal and state security breach notification laws.

引用

页码：37 / 50

页数：14