Description: Bosses are more likely to receive a pay rise after their firm suffers a cybersecurity breach, according to a study by the UK’s Warwick Business School. Security breaches did have a lasting impact on the way firms were run, as they typically paid lower dividends and invested less in research and development up to five years after the attack. Daniele Bianchi, assistant professor of finance at Warwick Business School, said: “Firms that suffer a data breach do not typically respond by firing the management, but by investing more in the existing CEO.

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