Track: Risk Analysis
Cybersecurity Risk Spectrum
Wednesday, April 14, 11-11:40am EDT
Do all cybersecurity risks create vulnerabilities at company domains equally? What if, cybersecurity risks create more vulnerabilities at one company’s reputation than its financial performance? Which company domains are perceived to be more vulnerable to cybersecurity risks and what are the differences among these vulnerabilities? Would the extent of domains perceived to be more vulnerable to cybersecurity risks in any company impact the probability of a cybersecurity risk occurrence? These are critical questions today where we face increased cyberattacks on companies. However, the current stage of the research in information security literature is limited to acknowledge the perceived effect of these cybersecurity risks on company domains and how this perception would make them more vulnerable or resistant to cybersecurity risks. In this research, our attempt is to answer these questions with the aid of NLP techniques and tools on SP500 data for the last 10 years. In the end, we develop a validated measure for cybersecurity risk, “cybersecurity risk spectrum” that corresponds to the extent of perceived vulnerable domains to the cybersecurity risks at companies.