Too Busy to Monitor? Board Busyness and the Occurrence of Reported Information Security Incidents
Files
Date
2021-01-05
Authors
Contributor
Advisor
Department
Instructor
Depositor
Speaker
Researcher
Consultant
Interviewer
Narrator
Transcriber
Annotator
Journal Title
Journal ISSN
Volume Title
Publisher
Volume
Number/Issue
Starting Page
6232
Ending Page
Alternative Title
Abstract
This paper investigates the association between board busyness (i.e., directors with multiple positions) and the occurrence of reported information security incidents. Building on prior studies of board busyness, this paper argues that directors holding multiple board seats may fail to commit the time and effort necessary to ensure the appropriate information security strategy or investment plans are in place. Our results demonstrate that board busyness is positively associated with reported information security incidents. This effect is larger when independent directors are busy, thus suggesting the importance of the governance role played by independent directors in managing information security risks. The board of directors’ role has been emphasized in anecdotal evidence and IT governance frameworks, but our study empirically demonstrates the board’s relevance in information security strategy and management.
Description
Keywords
Organizational Cybersecurity: Advanced Cyber Defense, Cyber Analytics, and Security, board of directors, busy board, information security, information security breaches
Citation
Extent
10 pages
Format
Geographic Location
Time Period
Related To
Proceedings of the 54th Hawaii International Conference on System Sciences
Related To (URI)
Table of Contents
Rights
Attribution-NonCommercial-NoDerivatives 4.0 International
Rights Holder
Local Contexts
Email [email protected] if you need this content in ADA-compliant format.