Schillings

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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