Effect of probable and guaranteed monetary value gains and losses on cybersecurity behavior of users
Publication Type
Conference Proceeding Article
Version
publishedVersion
Publication Date
5-2018
Abstract
The objective of this research is to examine users’ cybersecurity behavior in monetary gain and loss scenarios. Using Prospect Theory, we hypothesize that users are more likely to engage in risky cybersecurity behavior to avoid monetary losses than to benefit from monetary gains. We also hypothesize that guaranteed gains have a greater effect on a user’s risk-taking behavior than potential gains, and potential losses have a greater effect on a user’s risk-taking behavior than guaranteed losses. An experimental study is proposed to test the research hypotheses.
Keywords
Cybersecurity, prospect theory, gain, loss, monetary value
Discipline
Databases and Information Systems | Information Security
Research Areas
Information Systems and Management
Areas of Excellence
Digital transformation
Publication
MWAIS 2018: 13th Annual Conference of the Midwest Association for Information Systems - Theme Cyber Security, St. Louis, Missouri, 2018 May 17-18
First Page
1
Last Page
5
Publisher
Midwest Association for Information Systems Conference
City or Country
St. Louis, Missouri
Citation
RAVINDRAN, S.; NAH, Fiona Fui-hoon; and CHENG, M..
Effect of probable and guaranteed monetary value gains and losses on cybersecurity behavior of users. (2018). MWAIS 2018: 13th Annual Conference of the Midwest Association for Information Systems - Theme Cyber Security, St. Louis, Missouri, 2018 May 17-18. 1-5.
Available at: https://ink.library.smu.edu.sg/sis_research/9572
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.