The Impact of Executives’ IT Expertise on Reported Data Security Breaches

2021 ◽  
Author(s):  
Jacob Haislip ◽  
Jee-Hae Lim ◽  
Robert Pinsker
Keyword(s):  
Data Security ◽  
Chief Executive ◽  
Chief Information Officer ◽  
Chief Financial Officer ◽  
Security Breaches ◽  
Leadership Responsibility ◽  
It Systems ◽  
Related Risk ◽  
Reported Data ◽  
The Impact

Data security breaches (DSBs) are increasing investor and regulator pressure on firms to improve their IT governance (ITG) in an effort to mitigate the related risk. We argue that DSB risk cannot be mitigated by one executive alone, but, rather, is a shared leadership responsibility of the top management team (TMT) (i.e., Chief Executive Officer [CEO], Chief Financial Officer [CFO], and Chief Information Officer [CIO]). Our results suggest that IT-savvy CEOs see technologies related to mitigating DSBs as a top-three most important type of digital methodology for their firm. Similarly, the results related to CFOs with IT expertise single out the critical investment in controls designed to prevent DSBs. Our strong findings for CIOs on the TMT add to the related guidance from COBIT 5 for information security and consistently suggest that they are the key executive for securing IT systems. Finally, our granular explanation of each executive’s DSB-related responsibility could potentially provide firms the start of a governance-led roadmap for compliance to the Securities and Exchange Commission’s and Justice Department’s cyber regulations.

The Chief Information Officer and Chief Financial Officer Dyad in the Public Sector: How an Effective Relationship Impacts Individual Effectiveness and Strategic Alignment

2012 ◽  
Vol 27 (1) ◽  
pp. 261-281 ◽  
Author(s):  
Kurt Schobel ◽  
James S. Denford
Keyword(s):  
Strategic Alignment ◽  
Chief Executive ◽  
Chief Information Officer ◽  
Chief Financial Officer ◽  
Firm Level ◽  
For Profit ◽  
Technology Governance ◽  
Information Technology Governance ◽  
Strategic Role ◽  
Knowledge Intensive

ABSTRACT Within the domain of Information Technology Governance (ITG), the study of Chief Information Officer (CIO) relationships has historically focused on the Chief Executive Officer (CEO) and the Top Management Team (TMT). Within knowledge-intensive, publicly funded, and not-for-profit organizations, the specific relationship between the CIO and the Chief Financial Officer (CFO) is a critical pairing, which impacts both individual effectiveness and strategic alignment. Findings from multiple case studies suggest that while the CIO and CFO pair are similar to other TMT relationships in many ways, their perceptions of the other's strategic role within the organization is a key differentiator that can lead to effective or adversarial relationships with individual and firm-level outcomes. The research model in this paper suggests that when the relationship is positive, both individual role effectiveness and strategic alignment improve.

The Impact of Information Security Breach Incidents on CIO Turnover

2019 ◽  
Vol 33 (3) ◽  
pp. 309-329 ◽  
Author(s):  
Rajiv D. Banker ◽  
Cecilia (Qian) Feng
Keyword(s):  
Information Security ◽  
Human Error ◽  
Chief Information Officer ◽  
Performance Expectations ◽  
Security Breaches ◽  
It Performance ◽  
Turn Over ◽  
Market Consequences ◽  
The Impact ◽  
The Relationship

ABSTRACT We investigate the relationship between security breaches and chief information officer (CIO) turnover. Because CIOs are directly responsible for IT performance, we argue that their turnover likelihood is higher when they fail to meet IT performance expectations, as reflected by information security breaches. Specifically, we find that breaches caused by system deficiency increase CIO turnover likelihood by 72 percent. However, we find no such association for breaches caused by criminal fraud or human error. We extend our analyses to other executives and document that CEOs are more likely to turn over following breaches caused by both system deficiency and human error, consistent with their broader role within the firm. By contrast, we find no evidence suggesting that CFOs are more likely to turn over following breaches. The findings indicate negative labor market consequences for executives who fail to meet performance expectations within the scope of their duties.

Reinforcing the cyber resilience of a credit institution in Industry 4.0

2020 ◽  
Vol 16 (6) ◽  
pp. 998-1012
Author(s):  
G.V. Fedotova ◽  
D.D. Tkachenko
Keyword(s):  
Content Analysis ◽  
Public Administration ◽  
Data Security ◽  
Industry 4.0 ◽  
Credit Institution ◽  
Security Systems ◽  
Banking Systems ◽  
It Systems ◽  
Smart Technologies ◽  
Banking Development

Subject. The article discusses the modeling of preventive protection of IT systems and evaluates their cyber resilience. Objectives. The study evaluates the existing threats and determines how informatization processes may unfold in the credit segment. Methods. Research is based on methods of regulatory and legislative analysis. We evaluate today’s public administration of cybersecurity in the financial and credit sector. To give a view of the existing situation and sum up the sector’s performance for the recent years, we performed the content analysis of statistics on data hacking and leakages. Results. The article highlights new trends in the financial and credit sector and the growing complexity of data security systems. As proposed by the Bank of Russia, the integration of smart technologies is showed to reinforce the cybersecurity of banking systems. Conclusions and Relevance. The informatization of all banking operation systems, growing complexity of procedures and work logs require new robust resources to be integrated into financial technologies. Stronger cybersecurity should lay a trend in the financial and credit sector in the nearest future. The findings can be used to flag strategic milestones of the banking development in the information-driven society.

How Bad is it? – A Branching Activity Model to Estimate the Impact of Information Security Breaches

2013 ◽  
Author(s):  
Russell Cameron Thomas ◽  
Marcin Antkiewicz ◽  
Patrick Florer ◽  
Suzanne Widup ◽  
Matthew Woodyard
Keyword(s):  
Information Security ◽  
Activity Model ◽  
Security Breaches ◽  
The Impact

scholarly journals Views of the Future of Partners of People with Multiple Sclerosis Who Attended a Lifestyle Modification Workshop: A Qualitative Analysis of Perspectives and Experiences

2020 ◽  
Vol 18 (1) ◽  
pp. 85
Author(s):  
Sandra L. Neate ◽  
Keryn L. Taylor ◽  
Nupur Nag ◽  
George A. Jelinek ◽  
Steve Simpson-Yap ◽  
...  
Keyword(s):  
Multiple Sclerosis ◽  
Health Outcomes ◽  
Lifestyle Modification ◽  
Structured Interviews ◽  
Interpretive Phenomenology ◽  
Related Risk ◽  
The Future ◽  
Partner Perceptions ◽  
And Control ◽  
The Impact

People with multiple sclerosis (PwMS) often experience uncertainty and fear about their futures. Partners of PwMS may share their concerns and experience fears about their own futures, limitations on their lives, ability to work, and becoming a carer. For PwMS, modification of lifestyle-related risk factors has been associated with improved health outcomes. For PwMS who attended residential lifestyle modification workshops (RLMW), sustained improved health outcomes have been demonstrated. Whether improved outcomes for PwMS who engage with lifestyle modification translate to improved partner perceptions of the future, is yet to be explored. We explored the perspectives of partners of PwMS who had attended a RLMW and the impact that the person with MS’s illness and their engagement with lifestyle modification had on their partners’ views of the future. Analysis of 21 semi-structured interviews used a methodology informed by Heidegger’s Interpretive Phenomenology. Three themes emerged: ‘uncertainty’, ‘planning for the future’ and ‘control, empowerment and confidence’. Subthemes included MS and lifestyle modification being a catalyst for positive change; developing a sense of control and empowerment; and hope, optimism and positivity. Lifestyle modification may provide benefits, not only to PwMS, but also to their partners, and should be considered part of mainstream management of MS.

scholarly journals Viscoelastometric Testing to Assess Hemostasis of COVID-19: A Systematic Review

2021 ◽  
Vol 10 (8) ◽  
pp. 1740
Author(s):  
Marion Bareille ◽  
Michaël Hardy ◽  
Jonathan Douxfils ◽  
Stéphanie Roullet ◽  
Dominique Lasne ◽  
...  
Keyword(s):  
Systematic Review ◽  
Mechanical Strength ◽  
Small Sample ◽  
The Common ◽  
Small Sample Sizes ◽  
Definition Of ◽  
Reported Data ◽  
Prophylactic Anticoagulation ◽  
The Impact ◽  
Heparin Neutralization

Infection by SARS-CoV-2 is associated with a high risk of thrombosis. The laboratory documentation of hypercoagulability and impaired fibrinolysis remains a challenge. Our aim was to assess the potential usefulness of viscoelastometric testing (VET) to predict thrombotic events in COVID-19 patients according to the literature. We also (i) analyzed the impact of anticoagulation and the methods used to neutralize heparin, (ii) analyzed whether maximal clot mechanical strength brings more information than Clauss fibrinogen, and (iii) critically scrutinized the diagnosis of hypofibrinolysis. We performed a systematic search in PubMed and Scopus databases until December 31st, 2020. VET methods and parameters, and patients’ features and outcomes were extracted. VET was performed for 1063 patients (893 intensive care unit (ICU) and 170 non-ICU, 44 studies). There was extensive heterogeneity concerning study design, VET device used (ROTEM, TEG, Quantra and ClotPro) and reagents (with non-systematic use of heparin neutralization), timing of assay, and definition of hypercoagulable state. Notably, only 4 out of 25 studies using ROTEM reported data with heparinase (HEPTEM). The common findings were increased clot mechanical strength mainly due to excessive fibrinogen component and impaired to absent fibrinolysis, more conspicuous in the presence of an added plasminogen activator. Only 4 studies out of the 16 that addressed the point found an association of VETs with thrombotic events. So-called functional fibrinogen assessed by VETs showed a variable correlation with Clauss fibrinogen. Abnormal VET pattern, often evidenced despite standard prophylactic anticoagulation, tended to normalize after increased dosing. VET studies reported heterogeneity, and small sample sizes do not support an association between the poorly defined prothrombotic phenotype of COVID-19 and thrombotic events.

Leadership, Innovation Among Tunisian ICT SMEs

2014 ◽  
Vol 22 (03) ◽  
pp. 283-311 ◽  
Author(s):  
Sondes Kacem ◽  
Sana El Harbi
Keyword(s):  
Structural Equation ◽  
Organizational Innovation ◽  
Small And Medium Enterprises ◽  
Collaborative Work ◽  
Chief Executive ◽  
Equation Modeling ◽  
High Tech ◽  
Cultural Aspects ◽  
Implementation Of Innovations ◽  
The Impact

Currently, innovation is a major challenge in emerging economies such as Tunisia. Although the influence of leadership seems evident in the implementation of innovations, few studies have investigated this impact; especially for SMEs in the ICT sector. For this purpose, we propose to highlight the impact of leadership on the implementation of innovations in SMEs through exploratory qualitative study of five small and medium enterprises (SMEs) in the high-tech sector in Tunisia, to understand the management styles of the chief executive officers (CEOs) and their motivations towards innovative activities. The results of this investigation show that the style of leadership in the ICT sector is both participative and transformational. Only organizational innovation has been detected. Collaborative work and group cohesion are the major cultural aspects of innovation. Items from this exploration allows us to clarify aspects of three basic concepts that make up our conceptual model (leadership, culture of innovation, and innovations) for testing later under a quantitative study by the method of structural equation modeling.

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