Cyber-hacked companies underperform Nasdaq by 42% over three years
Finance companies severely affected
Companies which experience a data breach are likely to underperform the market by over 40% in the following three years, according to security, private advice and comparison website Comparitech.com.
The report, which analysed the share prices of 24 companies, found companies which were cyber hacked underperformed relative to the Nasdaq by 7.3% over one year and 41.6% over a three-year period. Paul...
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