Regulation of Data Breach Publication: The Case of US Healthcare and the HITECH Act

Lorenz Bohn and Dirk Schiereck

Publications of Darmstadt Technical University, Institute for Business Studies (BWL) from Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL)

Abstract: Data breaches continue to plague most industries but especially the healthcare sector. While previous studies have aimed at assessing the financial implications arising from data breaches, none of them focused on the healthcare sector. This study of market reactions following data breaches fills that gap. Federal disclosure requirements of data breaches within the healthcare sector allow for our comprehensive study. Using multivariate regression analysis, our findings show the high specificity with which investors react to the announcement of data breaches.

Date: 2022-11-17
New Economics Papers: this item is included in nep-reg
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Published in Journal of Economics and Finance 2 (2022-11-17) : pp. 386-399

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Persistent link: https://EconPapers.repec.org/RePEc:dar:wpaper:136463

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