Novel Research Demonstrates Improvements in Board-Level IT Governance in Firms That Experience Cyber Attacks
Whitman School of Management at Syracuse UniversityNew research from Martin J. Whitman School of Management at Syracuse University finds that when companies experience operational IT failures, such as a data breach, they make changes to their boards of directors in order to improve oversight and monitoring of IT resource utilization. The study also observes that the board-changes are proportional to the magnitude of drop in stock prices that companies often experience upon suffering an IT failure.