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Reducing cyber harassment through de jure standards: a study on the lack of the information security management standard adoption in the USA

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  • Gurvirender P.S. Tejay
  • Babak Shoraka

Abstract

Organisational members constantly fall prey to social-engineering attacks divulging sensitive information, which could be used as a basis for cyber harassment. Such harassment could include corporate website defacement, negative campaign through social media, or even corporate sabotage. The potential threat of cyber-harassment is real and can be damaging for an organisation impacting its business performance. These information risks confronting organisations can be mitigated by the implementation of information security standards. In this study, we investigated the lacking adoption of the Information Security Management System (ISMS) standard in the USA. We argued that the primary cause for the low adoption level is the failure to financially justify ISMS related investments. Using the event study method, we examined whether organisations that have adopted the ISMS standard have realised any financial gains. Our results indicate that the adoption of the ISMS standard actually does not create financial value for certified organisations.

Suggested Citation

  • Gurvirender P.S. Tejay & Babak Shoraka, 2011. "Reducing cyber harassment through de jure standards: a study on the lack of the information security management standard adoption in the USA," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 11(5/6), pages 324-343.
    • Handle: RePEc:ids:ijmdma:v:11:y:2011:i:5/6:p:324-343
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    References listed on IDEAS

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    1. Kjell Hausken, 2006. "Returns to information security investment: The effect of alternative information security breach functions on optimal investment and sensitivity to vulnerability," Information Systems Frontiers, Springer, vol. 8(5), pages 338-349, December.
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