Paper Type
Short
Paper Number
1117
Description
The recent economic situations worldwide and particularly in the United States (US) have witnessed widespread waves of corporation layoffs. Simultaneously, we have also experienced much more severe issues of cybersecurity violations, such as harmful data breaches and cyberattacks. This paper attempts to examine the possible connections of corporate decisions and the severity of possible cybersecurity in the lenses of four established hypotheses surrounding the likelihood and severity of data breaches as the social reactions facing the announcements of corporate layoffs. It also expands the consideration to the effectiveness of corporate social responsibility in triggering these reactions. Various theoretical contributions, practical implications, and managerial implications, together with suggestions for future research, have been extracted accordingly.
Recommended Citation
Tran, Thi; Do, Bao Gia; Ngo, Anh; Krishtipati, Sathwik; Dang, Nhat Anh; and Sarkar, Sumantra, "The Impacts of Layoffs Announcement on Cybersecurity Breaches" (2024). PACIS 2024 Proceedings. 10.
https://aisel.aisnet.org/pacis2024/track07_secprivacy/track07_secprivacy/10
The Impacts of Layoffs Announcement on Cybersecurity Breaches
The recent economic situations worldwide and particularly in the United States (US) have witnessed widespread waves of corporation layoffs. Simultaneously, we have also experienced much more severe issues of cybersecurity violations, such as harmful data breaches and cyberattacks. This paper attempts to examine the possible connections of corporate decisions and the severity of possible cybersecurity in the lenses of four established hypotheses surrounding the likelihood and severity of data breaches as the social reactions facing the announcements of corporate layoffs. It also expands the consideration to the effectiveness of corporate social responsibility in triggering these reactions. Various theoretical contributions, practical implications, and managerial implications, together with suggestions for future research, have been extracted accordingly.
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