Journal
COMPUTERS & SECURITY
Volume 58, Issue -, Pages 216-229Publisher
ELSEVIER ADVANCED TECHNOLOGY
DOI: 10.1016/j.cose.2015.12.006
Keywords
Information security; Security breaches; Stock market; Literature review; Event study
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Information security is a highly critical aspect of information systems. Although the literature regarding security assurance is vast, the research on economic consequences of security incidents is quite limited. The purpose of this systematic review is to search, collect and classify event studies related to information security impact on stock prices. In total, 37 related papers conducting 45 studies were found by the systematic search of bibliographic sources. The majority (75.6%) of these studies report statistical significance of the impact of security events to the stock prices of firms. (C) 2016 Elsevier Ltd. All rights reserved.
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