{"id":"https://openalex.org/W3170644714","doi":"https://doi.org/10.1108/jeim-11-2020-0450","title":"The financial impacts of information systems security breaches on publicly traded companies: reactions of different sectors","display_name":"The financial impacts of information systems security breaches on publicly traded companies: reactions of different sectors","publication_year":2021,"publication_date":"2021-06-10","ids":{"openalex":"https://openalex.org/W3170644714","doi":"https://doi.org/10.1108/jeim-11-2020-0450","mag":"3170644714"},"language":"en","primary_location":{"id":"doi:10.1108/jeim-11-2020-0450","is_oa":false,"landing_page_url":"https://doi.org/10.1108/jeim-11-2020-0450","pdf_url":null,"source":{"id":"https://openalex.org/S141478581","display_name":"Journal of Enterprise Information Management","issn_l":"1741-0398","issn":["1741-0398","1758-7409"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Enterprise Information Management","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5013388593","display_name":"Cansu Tayaksi","orcid":"https://orcid.org/0000-0002-1708-2490"},"institutions":[{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Cansu Tayaksi","raw_affiliation_strings":["Center for Transportation and Logistics, Massachusetts Institute of Technology, Cambridge, Massachusetts, USA"],"raw_orcid":"https://orcid.org/0000-0002-1708-2490","affiliations":[{"raw_affiliation_string":"Center for Transportation and Logistics, Massachusetts Institute of Technology, Cambridge, Massachusetts, USA","institution_ids":["https://openalex.org/I63966007"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5041437698","display_name":"Erhan Ada","orcid":"https://orcid.org/0000-0002-4439-0966"},"institutions":[{"id":"https://openalex.org/I59944920","display_name":"Ya\u015far University","ror":"https://ror.org/00dz1eb96","country_code":"TR","type":"education","lineage":["https://openalex.org/I59944920"]}],"countries":["TR"],"is_corresponding":false,"raw_author_name":"Erhan Ada","raw_affiliation_strings":["Department of Business Administration, Ya\u015far \u00dcniversitesi, Izmir, Turkey"],"raw_orcid":"https://orcid.org/0000-0002-4439-0966","affiliations":[{"raw_affiliation_string":"Department of Business Administration, Ya\u015far \u00dcniversitesi, Izmir, Turkey","institution_ids":["https://openalex.org/I59944920"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5054694767","display_name":"Yi\u011fit Kazan\u00e7o\u011flu","orcid":"https://orcid.org/0000-0001-9199-671X"},"institutions":[{"id":"https://openalex.org/I59944920","display_name":"Ya\u015far University","ror":"https://ror.org/00dz1eb96","country_code":"TR","type":"education","lineage":["https://openalex.org/I59944920"]}],"countries":["TR"],"is_corresponding":false,"raw_author_name":"Yigit Kazancoglu","raw_affiliation_strings":["Department of Logistics Management, Yasar University, Izmir, Turkey"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Logistics Management, Yasar University, Izmir, Turkey","institution_ids":["https://openalex.org/I59944920"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5055376065","display_name":"Muhittin Sa\u011fnak","orcid":"https://orcid.org/0000-0002-0799-0348"},"institutions":[{"id":"https://openalex.org/I250383648","display_name":"Izmir K\u00e2tip \u00c7elebi University","ror":"https://ror.org/024nx4843","country_code":"TR","type":"education","lineage":["https://openalex.org/I250383648"]}],"countries":["TR"],"is_corresponding":false,"raw_author_name":"Muhittin Sagnak","raw_affiliation_strings":["Department of Information Management, Izmir Katip Celebi University, Izmir, Turkey"],"raw_orcid":"https://orcid.org/0000-0002-0799-0348","affiliations":[{"raw_affiliation_string":"Department of Information Management, Izmir Katip Celebi University, Izmir, Turkey","institution_ids":["https://openalex.org/I250383648"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.276,"has_fulltext":false,"cited_by_count":14,"citation_normalized_percentile":{"value":0.90072312,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":99},"biblio":{"volume":"35","issue":"2","first_page":"650","last_page":"668"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10734","display_name":"Information and Cyber Security","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10734","display_name":"Information and Cyber Security","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10400","display_name":"Network Security and Intrusion Detection","score":0.996399998664856,"subfield":{"id":"https://openalex.org/subfields/1705","display_name":"Computer Networks and Communications"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12519","display_name":"Cybercrime and Law Enforcement Studies","score":0.994700014591217,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/data-breach","display_name":"Data breach","score":0.6838800311088562},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.6554943323135376},{"id":"https://openalex.org/keywords/event-study","display_name":"Event study","score":0.6460612416267395},{"id":"https://openalex.org/keywords/information-security","display_name":"Information security","score":0.5099822282791138},{"id":"https://openalex.org/keywords/financial-sector","display_name":"Financial sector","score":0.4842521846294403},{"id":"https://openalex.org/keywords/information-technology","display_name":"Information technology","score":0.4399567246437073},{"id":"https://openalex.org/keywords/event","display_name":"Event (particle physics)","score":0.4299834966659546},{"id":"https://openalex.org/keywords/information-system","display_name":"Information system","score":0.4115653336048126},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.36049389839172363},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.33271533250808716},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.19296792149543762},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.12185972929000854},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.09596052765846252}],"concepts":[{"id":"https://openalex.org/C165609540","wikidata":"https://www.wikidata.org/wiki/Q1172486","display_name":"Data breach","level":2,"score":0.6838800311088562},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6554943323135376},{"id":"https://openalex.org/C12958728","wikidata":"https://www.wikidata.org/wiki/Q1002530","display_name":"Event study","level":3,"score":0.6460612416267395},{"id":"https://openalex.org/C527648132","wikidata":"https://www.wikidata.org/wiki/Q189900","display_name":"Information security","level":2,"score":0.5099822282791138},{"id":"https://openalex.org/C2986840890","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial sector","level":2,"score":0.4842521846294403},{"id":"https://openalex.org/C121017731","wikidata":"https://www.wikidata.org/wiki/Q11661","display_name":"Information technology","level":2,"score":0.4399567246437073},{"id":"https://openalex.org/C2779662365","wikidata":"https://www.wikidata.org/wiki/Q5416694","display_name":"Event (particle physics)","level":2,"score":0.4299834966659546},{"id":"https://openalex.org/C180198813","wikidata":"https://www.wikidata.org/wiki/Q121182","display_name":"Information system","level":2,"score":0.4115653336048126},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.36049389839172363},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.33271533250808716},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.19296792149543762},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.12185972929000854},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.09596052765846252},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/jeim-11-2020-0450","is_oa":false,"landing_page_url":"https://doi.org/10.1108/jeim-11-2020-0450","pdf_url":null,"source":{"id":"https://openalex.org/S141478581","display_name":"Journal of Enterprise Information Management","issn_l":"1741-0398","issn":["1741-0398","1758-7409"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Enterprise Information Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":53,"referenced_works":["https://openalex.org/W1501321335","https://openalex.org/W1526878543","https://openalex.org/W1590165779","https://openalex.org/W1603962791","https://openalex.org/W1863670505","https://openalex.org/W1902264846","https://openalex.org/W1964044985","https://openalex.org/W1966875048","https://openalex.org/W1972544775","https://openalex.org/W1974071463","https://openalex.org/W1997537847","https://openalex.org/W2002640729","https://openalex.org/W2003234673","https://openalex.org/W2013274940","https://openalex.org/W2018085556","https://openalex.org/W2031450685","https://openalex.org/W2039849162","https://openalex.org/W2049174189","https://openalex.org/W2056075452","https://openalex.org/W2063236501","https://openalex.org/W2066778800","https://openalex.org/W2069396279","https://openalex.org/W2091106293","https://openalex.org/W2091722306","https://openalex.org/W2103909889","https://openalex.org/W2116988722","https://openalex.org/W2119068246","https://openalex.org/W2122224612","https://openalex.org/W2130162792","https://openalex.org/W2131773668","https://openalex.org/W2144958981","https://openalex.org/W2147059897","https://openalex.org/W2148925684","https://openalex.org/W2160258502","https://openalex.org/W2184720590","https://openalex.org/W2468802342","https://openalex.org/W2513969704","https://openalex.org/W2604823987","https://openalex.org/W2789825598","https://openalex.org/W2794716878","https://openalex.org/W2895473930","https://openalex.org/W2896565622","https://openalex.org/W2898462746","https://openalex.org/W2899789890","https://openalex.org/W2912428853","https://openalex.org/W2913697045","https://openalex.org/W2969608840","https://openalex.org/W3034770698","https://openalex.org/W3093101048","https://openalex.org/W3122745812","https://openalex.org/W3124243881","https://openalex.org/W3165011531","https://openalex.org/W4235920051"],"related_works":["https://openalex.org/W2737196623","https://openalex.org/W4235239127","https://openalex.org/W2003234673","https://openalex.org/W1972544775","https://openalex.org/W4286665665","https://openalex.org/W2069396279","https://openalex.org/W2119068246","https://openalex.org/W2574640864","https://openalex.org/W626714893","https://openalex.org/W3170644714"],"abstract_inverted_index":{"Purpose":[0],"Today,":[1],"information":[2,34,56,146,236,254,312],"systems":[3,35,57,147,237,255],"and":[4,40,51,59,89,105,134,158,176,190,257,290,314],"technology":[5,22],"provides":[6],"a":[7,45,73,90,151,285],"wide":[8],"set":[9],"of":[10,18,48,92,115,129,224,234,266,323],"tools":[11],"for":[12,162,195,218,239],"companies":[13,67],"to":[14,26,140,227,263,305,307,318],"increase":[15],"the":[16,33,49,64,93,96,113,118,123,127,130,142,156,159,164,168,179,187,196,207,212,231,235,253,264,271,279,295,299,320],"efficiency":[17],"their":[19,41,60,258,309,324],"businesses.":[20],"Although":[21],"offers":[23],"many":[24],"benefits":[25],"businesses,":[27,262],"it":[28],"also":[29],"brings":[30],"risks":[31],"as":[32],"security":[36,148,313],"breaches.":[37],"Security":[38],"breaches":[39,58,149,238,256],"financial":[42,61,232,259],"impact":[43,154,182,203],"is":[44,107,183,204,270,303],"constant":[46],"concern":[47],"researchers":[50],"practitioners.":[52],"This":[53],"paper":[54,226],"explores":[55],"impacts":[62,233,260],"on":[63,112,155,186,252,261],"publicly":[65],"traded":[66],"in":[68,167,206,210,241,298,311],"different":[69,242],"sectors.":[70,243,283],"Design/methodology/approach":[71],"After":[72],"comprehensive":[74],"data":[75,78],"collection":[76],"process,":[77],"from":[79],"192":[80],"events":[81,119],"are":[82,120,138,216,246],"analyzed":[83],"by":[84],"employing":[85],"Event":[86],"Study":[87],"Methodology":[88],"comparison":[91],"results":[94,128],"between":[95,278],"four":[97,280],"highly":[98,281],"affected":[99],"sectors":[100,161],"(Consumer":[101],"Goods,":[102],"Technology,":[103],"Financial":[104],"Communications)":[106],"presented.":[108],"The":[109,222],"abnormal":[110,214],"returns":[111,215],"prices":[114],"stocks":[116],"after":[117],"calculated":[121],"with":[122],"Market":[124,131],"Model.":[125],"Also,":[126],"Adjusted":[132,136],"Model":[133,137],"Mean":[135],"presented":[139],"support":[141],"results.":[143],"Findings":[144],"While":[145,244],"have":[150,249],"significant":[152,180,201],"negative":[153,181,202],"Financials":[157],"Technology":[160],"all":[163],"event":[165,193,292],"windows":[166,194,293],"study":[169,273],"([\u22125,":[170],"0],":[171],"[\u22125,":[172,174,177,188,191],"1],":[173],"5],":[175],"10]),":[178],"observed":[184,205],"only":[185],"5]":[189],"10]":[192],"Consumer":[197],"Goods":[198],"sector.":[199,220],"No":[200],"Communications":[208],"sector,":[209],"fact,":[211],"cumulative":[213],"positive":[217],"this":[219,225,269,276],"Originality/value":[221],"contribution":[223],"provide":[228],"evidence":[229,302],"about":[230],"businesses":[240],"there":[245],"studies":[247,297],"that":[248,274],"previously":[250],"focused":[251],"best":[265],"our":[267],"knowledge,":[268],"first":[272],"compares":[275],"effect":[277],"impacted":[282],"With":[284],"relatively":[286],"larger":[287],"sample":[288],"size":[289],"broader":[291],"than":[294],"past":[296],"literature,":[300],"statistical":[301],"provided":[304],"managers":[306],"justify":[308],"investments":[310],"build":[315],"preventive":[316],"measures":[317],"secure":[319],"market":[321],"value":[322],"firms.":[325]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":6}],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}
