The severity and effects of Cyber-breaches in SMEs: a machine learning approach

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...

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Bibliographic Details
Published in:Enterprise information systems 2023-03, Vol.17 (3)
Main Authors: Fernandez De Arroyabe, Ignacio, Fernandez de Arroyabe, Juan Carlos
Format: Article
Language:English
Subjects:
artificial neural network
Cyber breaches
effects
severity
smes
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Summary: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.
ISSN:1751-7575
1751-7583
DOI:10.1080/17517575.2021.1942997