Understanding the adoption of cyber insurance for residual risks - an empirical large-scale survey on organizational factors of the demand side
This research paper analyzes technological, organizational, and environmental (TOE framework) adoption factors of cyber insurances (CI) by conducting a computer-assisted telephone interview study with 2,483 German firms. Considering our screening of related literature, this study, to our knowledge,...
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Contributors: | ; |
Format: | Electronic Article |
Language: | English |
Published: |
2021
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In: |
ECIS 2021 research-in-progress papers
Year: 2021 |
Online Access: |
Volltext (Verlag) |
Check availability: | HBZ Gateway |
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245 | 1 | 0 | |a Understanding the adoption of cyber insurance for residual risks - an empirical large-scale survey on organizational factors of the demand side |c Bennet Simon von Skarczinski, Lukas Boll, Frank Teuteberg |
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520 | |a This research paper analyzes technological, organizational, and environmental (TOE framework) adoption factors of cyber insurances (CI) by conducting a computer-assisted telephone interview study with 2,483 German firms. Considering our screening of related literature, this study, to our knowledge, is the first large-scale empirical study analyzing organizational adoption factors of CI on the demand side. We distinguish between firms that have or have not considered CI and those that have or have not adopted CI following considerations. Our regression results indicate that there are statistically significant factors on the consideration and adoption of CI across all TOE dimensions. Subsequently, we discuss the extent to which CI is perceived as an appropriate tool to manage information security and derive propositions for the education of firms and further research in academia. | ||
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