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Regulation of data breach publication: the case of US healthcare and the HITECH act

Author

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  • Lorenz Bohn

    (Technische Universität Darmstadt)

  • Dirk Schiereck

    (Technische Universität Darmstadt)

Abstract

Data breaches continue to plague most industries but especially the healthcare sector. While previous studies have aimed at assessing the financial implications arising from data breaches, none of them focused on the healthcare sector. This study of market reactions following data breaches fills that gap. Federal disclosure requirements of data breaches within the healthcare sector allow for our comprehensive study. Using multivariate regression analysis, our findings show the high specificity with which investors react to the announcement of data breaches.

Suggested Citation

  • Lorenz Bohn & Dirk Schiereck, 2023. "Regulation of data breach publication: the case of US healthcare and the HITECH act," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 47(2), pages 386-399, June.
    • Handle: RePEc:spr:jecfin:v:47:y:2023:i:2:d:10.1007_s12197-022-09607-6
    DOI: 10.1007/s12197-022-09607-6
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    References listed on IDEAS

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    More about this item

    Keywords

    Data breach; Healthcare industry; HITECH act; Event study;
    All these keywords.

    JEL classification:

    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

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