Ted Dziekanowski the markets seem to be finding their feet with cybersecurity.

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Ted Dziekanowski the markets seem to be finding their feet with cybersecurity. As Johnson controls shares dropped 5.7% on Thursday. As the company filled an 8-K with the SEC informing the markets of a cyber attack after markets closed on the 27th. (https://lnkd.in/eVuaUy3t) The effects of the attack are unfolding, company has informed markets that the attack may effect its ability to release 4th Quarter, full year and its financial results.

Observing how markets are starting to react to cyber in line with the recent release of the SEC cyber ruling. Are organizations moving to report incidents on 8-Ks to inform the markets ahead of December 2023. When they will be required to report material incidents. In case of Johnson controls the filling is sparse, but a follow on post indicates that the hack may have effected the U.S Department of Homeland Security (DHS).

Brian D. McCarthy Bob Dix Rachel V. Rose, JD, MBA

#cybersecurity #cyberriskmanagement #cyberincident

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