If you look out for it, you can read a news story about some kind of major security breach at a company every couple of months. Most of the time, the story doesn’t make it on the front pages, but some, like the recent data breach at EasyJet, do. For investors, it is really tricky to assess the impact of data breaches on the share price, because it essentially depends on how big the data breach is and how much attention the public pays to it. At least when it comes to public interest in the topic, there is a clear trend to take cyber risks seriously. Google trends show that in 2020, global searches for cyber risks are now on par with operational risks. As a result, we should expect that data breaches will have a greater and greater impact on the share price over time. In the past,
Most companies underinvest in cybersecurity
Most companies underinvest in cybersecurity
Most companies underinvest in cybersecurity
If you look out for it, you can read a news story about some kind of major security breach at a company every couple of months. Most of the time, the story doesn’t make it on the front pages, but some, like the recent data breach at EasyJet, do. For investors, it is really tricky to assess the impact of data breaches on the share price, because it essentially depends on how big the data breach is and how much attention the public pays to it. At least when it comes to public interest in the topic, there is a clear trend to take cyber risks seriously. Google trends show that in 2020, global searches for cyber risks are now on par with operational risks. As a result, we should expect that data breaches will have a greater and greater impact on the share price over time. In the past,