Data Breach Impact on Bank Operations
Data breaches at banks lead to a loss of insured and brokered deposits and negatively impact stock returns, but do not affect long-term operations; banks often increase lending after a breach, likely due to CEO compensation incentives.
Featured in No. 17 on 28 Sep 2023 ·
- Released
- 11 Mar 2023
- First featured
- No. 17 · 28 Sep 2023
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 74
- Identifier
- SSRN 4584825
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).