In a recent presentation, a student from the CMS department highlighted the invaluable relationships fostered with faculty, particularly emphasizing their collaboration with Dr. Nardo on a significant research project. This initiative, part of the Undergraduate Research and Creative Activities (ERCA) program, merges finance and cybersecurity, showcasing the department's commitment to hands-on learning.
The project, which commenced at the beginning of the academic year, involves analyzing the impact of cyberattacks on stock prices, particularly focusing on technology companies. The student is collaborating with Albert Hess from the University of Applied Sciences of the German Central Bank, utilizing data from both American and German sources to conduct a comprehensive analysis.
The research aims to determine whether certain types of companies experience a more significant decline in stock value following cyber incidents. The student expressed enthusiasm for the multicultural aspect of the project, noting the challenges and learning opportunities presented by working across time zones and educational systems.
This collaboration not only enhances academic knowledge but also prepares students for real-world challenges in an increasingly digital economy. The findings from this research could provide critical insights for investors and companies alike, particularly in understanding the financial repercussions of cybersecurity threats.