September 2020
Beginner to intermediate
176 pages
2h 20m
English
by Kelly D. Martin, Abhishek Borah, and Robert W. Palmatier
Cyberattacks are on the rise, with over 1,000 data breaches occurring at U.S. organizations in 2016 alone, most often through hacking or external theft. And it isn’t only violated firms that are hurt by these incidents. Studying hundreds of data breaches, our research has found that data breaches sometimes harm a firm’s close rivals (because of spillover effects) but sometimes help them (because of competitive effects). We also found that a good corporate privacy policy can shield firms from the financial harm posed by a data breach—by offering customers transparency and control over their personal information—while a flawed ...
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