Investigating the influence of governance determinants on reporting cybersecurity incidents to police: Evidence from Canadian organizations’ perspectives

Agbodoh-Falschau, Kouassi; Ravaonorohanta, Bako Harinivo

doi:10.1016/j.techsoc.2023.102309

Cited by 7 publications

(1 citation statement)

References 50 publications

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“…The 2023 Cybersecurity Economic Impact Report underscores the gravity of this issue by revealing that the average cost of a data breach now exceeds a staggering $4 million. This figure encompasses not only direct expenses such as legal fees, fines, and remediation costs but also indirect costs like reputational damage and the erosion of customer trust [11,12]. Beyond the realm of finances, data breaches inflict severe damage on corporate reputations.…”

Section: Impact Of Cybersecurity Breaches On Companies and Stakeholdersmentioning

confidence: 99%

Perspective Chapter: Cybersecurity and Risk Management—New Frontiers in Corporate Governance

Mumtaz Awan,

Riaz Pitafi

2024

Corporate Governance - Evolving Practices and Emerging Challenges [Working Title]

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This chapter investigates the evolving landscape of cybersecurity and risk management, highlighting their newfound prominence in corporate governance. The narrative emphasizes the integral role of boards and executives in orchestrating robust cybersecurity governance, recognizing it as a strategic necessity rather than a mere technical aspect. Legal and regulatory considerations, notably General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA), are explored as critical dimensions influencing cybersecurity governance. The integration of cybersecurity into corporate governance frameworks is dissected, underscoring the importance of aligning strategies with enterprise risk management. The chapter further explores the dynamic cybersecurity landscape, detailing the surge in sophisticated threats such as ransomware, phishing, and state-sponsored cyber activities. It concludes by outlining best practices, including proactive risk assessments, fostering security awareness, and the continuous evolution of cybersecurity governance. The future outlook encompasses emerging technologies, international collaboration, and the integration of cybersecurity into board-level decision-making, presenting a holistic vision for resilient corporate governance in the digital age.

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Section: Impact Of Cybersecurity Breaches On Companies and Stakeholdersmentioning

confidence: 99%

Perspective Chapter: Cybersecurity and Risk Management—New Frontiers in Corporate Governance

Mumtaz Awan,

Riaz Pitafi

2024

Corporate Governance - Evolving Practices and Emerging Challenges [Working Title]

View full text Add to dashboard Cite

show abstract

A roadmap to SDGs-emergence of technological innovation and infrastructure development for social progress and mobility

Arzo,

Hong

2024

Environmental Research

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Resilient green infrastructure: Navigating environmental resistance for sustainable development, social mobility in climate change policy

Arzo,

Hong

2024

Heliyon

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Investigating the influence of governance determinants on reporting cybersecurity incidents to police: Evidence from Canadian organizations’ perspectives

Cited by 7 publications

References 50 publications

Perspective Chapter: Cybersecurity and Risk Management—New Frontiers in Corporate Governance

Perspective Chapter: Cybersecurity and Risk Management—New Frontiers in Corporate Governance

A roadmap to SDGs-emergence of technological innovation and infrastructure development for social progress and mobility

Resilient green infrastructure: Navigating environmental resistance for sustainable development, social mobility in climate change policy

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