Survey Finds Breaches depress Share Price – a lot | Digital Guardian
ID: 0cdc9ef0-11bd-534d-a899-c64aa3b184ad
STIX ID: report--0cdc9ef0-11bd-534d-a899-c64aa3b184ad
Feed Name: Security Ledger
Threat Score
A report summarized from CGI and Oxford Economics, using events from the Gemalto Breach Level Index, finds that severe and catastrophic data breaches can materially depress a company's stock price (around two percent), highlighting that indirect costs such as investor reaction may be larger and harder to quantify than direct remediation expenses.
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