Are we starting to see a larger move in share price when organisations announce they have been affected by a cyber attack?

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Are we starting to see a larger move in share price when organisations announce they have been affected by a cyber attack? In this case shares fell 4% on Friday as markets reacted when Aurubis Europe’s largest Copper smelter announced that it shut its IT systems down and disconnected them from the internet, following a possible cyber attack.

Copper is one of those commodities we rarely think about, but one we all rely for electrical products and plumbing.

Ted Dziekanowski

#cybersecurity #cyberriskmanagement #theaugustagroup

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