Cyber-attacks and banking intermediationWhelsy BOUNGOU
Using data from 2144 U.S. banks over the period from 2011 to 2019, this article aims to analyze banks' responses to cyber-attacks. Our results highlight that cyber-attacks affect banking intermediation through a reduction in deposit collection, and credit supply. Moreover, these responses differ according to loan maturity and bank-specific characteristics (i.e. size, deposit dependency and capitalization).