Table 2 Hypothesis testing results
Variables | Hypothesis | Model 1 | Model 2 | Model 3 | Model 4 | ||||
|---|---|---|---|---|---|---|---|---|---|
DV: Cybersecurity investment | B | S.E | B | S.E | B | S.E | B | S.E | |
Firm size | 0.095 | 0.120 | 0.197 | 0.182 | 0.198 | 0.189 | 0.204 | 0.191 | |
Online presence | 0.195 | 0.141 | -0.142 | 0.191 | -0.228 | 0.189 | -0.236 | 0.190 | |
Ransomware | 0.408 | 0.815 | -0.545 | 0.913 | -0.615 | 0.936 | -0.542 | 0.919 | |
Malware | -0.648 | 0.893 | -1.171 | 1.051 | -1.207 | 1.060 | -1.278 | 1.088 | |
Denial of service | 0.629 | 0.826 | 0.687 | 0.884 | 0.606 | 0.884 | 0.728 | 0.895 | |
Bank account hacking | -0.019 | 1.041 | -0.433 | 1.298 | -0.531 | 1.320 | -0.463 | 1.297 | |
Impersonation | -0.340 | 0.790 | -0.422 | 0.901 | -0.539 | 0.931 | -0.593 | 0.938 | |
Phishing | -1.133 | 0.778 | -1.899** | 1.027 | -2.643** | 1.202 | -2.762** | 1.234 | |
Unauthorized file/ network access (Insider) | 0.830 | 1.029 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
Unauthorized file/ network access (Outsider) | 0.456 | 0.884 | -0.785 | 1.102 | -0.980 | 1.120 | -1.060 | 1.179 | |
Breach costs | H1( +) | 0.237*** | 0.099 | 0.228** | 0.106 | 0.522*** | 0.192 | ||
Breach identification source | -0.453 | 0.507 | 1.665 | 1.328 | |||||
Breach costs x Breach identification source | H2( +) | -0.409** | 0.240 | ||||||
Constant | -3.706*** | 0.951 | -3.521*** | 1.239 | -3.109** | 1.388 | -4.672*** | 1.496 | |