The severity and effects of Cyber-breaches in SMEs: a machine learning approach
Ignacio Fernandez De Arroyabe, Juan Carlos Fernández de Arróyabe
Abstract
In this paper, we investigate cyber breaches and their effects on small and medium enterprises (SMEs), considering the role that cybersecurity plays in SMEs, and the importance that SMEs have in the economy. Using the Cyber Security Breaches Survey data, the first contribution extends previous works confirming that SMEs receive a wide variety of breaches. Secondly, we have characterized the degree of severity of breaches in SMEs, based on disruption time and their cost. Our last contribution consists of determining the effect and severity of breaches in SMEs in terms of economic, financial and management impacts.
Topics & Concepts
Data breachBusinessSmall and medium-sized enterprisesComputer securityVariety (cybernetics)Small to medium enterprisesIndustrial organizationFinanceKnowledge managementComputer scienceArtificial intelligenceInformation and Cyber SecurityNetwork Security and Intrusion DetectionCybercrime and Law Enforcement Studies