2022
DOI: 10.1186/s40008-022-00286-4
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An analysis of economic losses from cyberattacks: based on input–output model and production function

Abstract: There has recently been a global increase in economic losses due to cyberattacks. However, research on the economic damage caused by cyberattacks has mainly focused on attacked companies, and spillover damage to other sectors has not been sufficiently investigated. This study analyzed the economic losses from cyberattacks in Japan using the production function and input–output model to improve the accuracy of damage prediction and various national measures. First, we provide an estimation method for the annual… Show more

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Cited by 6 publications
(2 citation statements)
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“…However, research on the economic damage caused by cyber-attacks has mainly focused on the companies that have been attacked, and the spillover damage to other sectors has not been sufficiently explored in the scientific literature. In this context, [6] study analyzed economic costs from cyber-attacks in Japan using production function and input-output model to improve damage prediction accuracy and various national measures. First, the article developed a method for estimating annual direct losses by industry using a production function.…”
Section: Discussionmentioning
confidence: 99%
“…However, research on the economic damage caused by cyber-attacks has mainly focused on the companies that have been attacked, and the spillover damage to other sectors has not been sufficiently explored in the scientific literature. In this context, [6] study analyzed economic costs from cyber-attacks in Japan using production function and input-output model to improve damage prediction accuracy and various national measures. First, the article developed a method for estimating annual direct losses by industry using a production function.…”
Section: Discussionmentioning
confidence: 99%
“…However, transmitting images to cloud services introduces considerable information leakage risks for agricultural drones 2 , as evidenced by statistical data. These vulnerabilities have led to significant economic impacts, reshaping the economic landscape with escalating global expenses and average cyber insurance claims [3][4][5] .…”
Section: Introductionmentioning
confidence: 99%