Cybersecurity Disclosure and Corporate Reputation: Rising Popularity of Cybersecurity in the Business World
- Title
- Cybersecurity Disclosure and Corporate Reputation: Rising Popularity of Cybersecurity in the Business World
- Creator
- Lenka A.; Goswami M.; Singh H.; Baskaran H.
- Description
- This chapter emphasizes the importance of cybersecurity for a corporation as todays organizations are more vulnerable than ever and their enemies are in the form of viruses and malware. The work provides evidence that cybersecurity can have an impact on brand value, market value, and overall corporate reputation. It focuses on depicting the global scenario with reference to cybersecurity disclosures by corporations and how it is important in todays digitized era where data is the most valuable and vulnerable asset. With rapid digitalization, cybersecurity has become a major concern for all businesses, especially when there is financial and reputational damage to cybersecurity breaches and incidents. Even in the absence of clear cybersecurity laws and regulations, corporations are opting for voluntary disclosure. Existing literature explains this as an attempt to mitigate any potential risk or occurred risk through increased transparency which will build the trust of all stakeholders. 2023 by IGI Global. All rights reserved.
- Source
- Effective Cybersecurity Operations for Enterprise-Wide Systems, pp. 169-183.
- Date
- 2023-01-01
- Publisher
- IGI Global
- Coverage
- Lenka A., CHRIST University (Deemed), India; Goswami M., CHRIST University (Deemed), India; Singh H., CHRIST University (Deemed), India; Baskaran H., Compose Corner, India
- Rights
- Restricted Access
- Relation
- ISBN: 978-166849020-4; 978-166849018-1
- Format
- Online
- Language
- English
- Type
- Book chapter
Collection
Citation
Lenka A.; Goswami M.; Singh H.; Baskaran H., “Cybersecurity Disclosure and Corporate Reputation: Rising Popularity of Cybersecurity in the Business World,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 23, 2025, https://archives.christuniversity.in/items/show/18428.