Do Firms Under-Report Information on Cyber-Attacks?

By Eli Amir, Shai Levi and Tsafrir Livne April 2, 2018 by renholding

A cyber-attack is a risk that every firm must manage. Prior studies raised doubts about how harmful cyber-attacks actually are. In particular, studies used the market reaction to cyber-attacks to show that they cause only small losses that decrease over …

Cleary Gottlieb Discusses Recent Cyber-Attack Developments

By Jonathan S. Kolodner, Daniel Ilan, Rahul Mukhi and Martha E. Vega-Gonzalez July 11, 2017 by renholding

In late May, Target Corporation (“Target”) reached an $18.5 million settlement with the Attorneys General (“AGs”) of 47 states and the District of Columbia, resolving the AGs’ investigation into Target’s 2013 data security breach. Target, like other victims of cyber …

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cyber-attacks

Do Firms Under-Report Information on Cyber-Attacks?

Cleary Gottlieb Discusses Recent Cyber-Attack Developments