Cyber incidents, security measures and financial returns: Empirical evidence from Dutch firms

Milena Dinkova, Ramy El-Dardiry and Bastiaan Overvest ()
Additional contact information
Bastiaan Overvest: CPB Netherlands Bureau for Economic Policy Analysis

No 411, CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis

Abstract: This CPB discussion paper investigates the cybersecurity of Dutch small and medium-sized enterprises, the security measures they take and the relationship thereof with financial results. Often, small and medium-sized enterprises are identified as a particularly vulnerable group for cyber incidents. However, there is not much academic research focusing on the cyber security costs for those firms. In this paper, we employ representative survey data on ICT use and administrative tax record data on Dutch firms to understand how cybersecurity investments relate to the probability of cyber incidents and firm profitability. This dataset allows us to control for firm size, industry, and IT organization.

JEL-codes: D22 D83 G14 M15 (search for similar items in EconPapers)
Date: 2020-03
New Economics Papers: this item is included in nep-ict, nep-isf and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.cpb.nl/sites/default/files/omnidownloa ... inancial-returns.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpb:discus:411

Access Statistics for this paper

More papers in CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis Contact information at EDIRC.
Bibliographic data for series maintained by ().