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“Every knock is a boost”. Cyber risk behaviour among Poles

Author

Listed:
  • Cichowicz Ewa

    (Financial System Department, Collegium of Management and Finance, SGH Warsaw School of Economics, al. Niepodległości 162, 02-554 Warszawa, Poland)

  • Iwanicz-Drozdowska Małgorzata

    (Financial System Department, Collegium of Management and Finance, SGH Warsaw School of Economics, al. Niepodległości 162, 02-554 Warszawa, Poland)

  • Kurowski Łukasz

    (Financial System Department, Collegium of Management and Finance, SGH Warsaw School of Economics, al. Niepodległości 162, 02-554 Warszawa, Poland)

Abstract

The purpose of this study is to evaluate the safety of individuals’ behaviour in the cyber world, especially when using financial services. The article focuses on knowledge of cybersecurity issues, cyber risk awareness and respondents’ self-assessment as potential determinants of individual behaviour. The data obtained from a survey of a representative group of Polish citizens during the second wave of the COVID-19 pandemic was analysed. Ordinal logistic regression and instrumental variable analysis confirm the existence of a positive relationship between knowledge and awareness of cyber risk and safe behaviour in the cyber world. Older generations exhibit safer behaviour which may be linked to their life experience; however, the results do not confirm that experiencing a loss due to cyber risk convinces individuals to use Internet-based solutions in a safer manner. Therefore, educational campaigns should be expanded to include cyber risk issues and tailored to the needs of various users.

Suggested Citation

  • Cichowicz Ewa & Iwanicz-Drozdowska Małgorzata & Kurowski Łukasz, 2021. "“Every knock is a boost”. Cyber risk behaviour among Poles," Economics and Business Review, Sciendo, vol. 7(4), pages 94-120, December.
    • Handle: RePEc:vrs:ecobur:v:7:y:2021:i:4:p:94-120:n:4
    DOI: 10.18559/ebr.2021.4.6
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    References listed on IDEAS

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    More about this item

    Keywords

    cybersecurity behaviour; knowledge of cybersecurity; instrumental variables; financial services;
    All these keywords.

    JEL classification:

    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • D10 - Microeconomics - - Household Behavior - - - General
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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