Do cyber attacks affect share price?
By David Prince
Do cyber attacks affect share price? Yes — but not just negatively.
In my experience, security professionals often explain to the board and senior leaders that a cyber breach could devastate the share price and investor relations. But is this right?
eBay recently posted a 13 per cent increase to its quarterly revenue despite suffering a major cyber attack that caused some 145 million customers’ data to be disclosed to malicious hackers and sold on the black market…
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The most indisputable finding in this report is that reputation is now seen as an essential part of a company’s corporate potency and, therefore, its corporate valuation.
The way a company protects its reputation will have a direct bearing on how City analysts and investors determine the value of the business and how they will treat its stock.
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