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The Economic Cost of A Crisis

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Manage episode 349872263 series 3371971
Indhold leveret af Titan HST and Todd De Voe. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Titan HST and Todd De Voe eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
With cyber-attacks in the headlines, a new report provides a gloomy reminder of the deep and long-lasting impact when things go wrong in public corporations. On average, companies struck by a crisis suffered a drop in share price by 19%, and share value took 147 days to recover. Moreover, crises involving environmental damage resulted in almost twice as severe an impact on the average share price.
The cost of crises increasingly features in the headlines. When Facebook, WhatsApp, and Instagram had a six-hour global outage late last year, Facebook shares fell by 5%, costing founder Mark Zuckerberg an estimated $6 billion in personal wealth. Software maker Adobe was the victim of a cyberattack that compromised about 38 million active users. The company had initially declared that 2.9 million accounts had been affected and paid millions of dollars in fines.
Links
Web:https://titanhst.com/
LinkedIn:https://bit.ly/3KgRvv6
Instagram:https://www.instagram.com/titanhst/
Twitter:https://twitter.com/TitanHST
Facebook:https://www.facebook.com/TitanHST/
Youtube:https://bit.ly/3mePJyG
  continue reading

132 episoder

Artwork
iconDel
 
Manage episode 349872263 series 3371971
Indhold leveret af Titan HST and Todd De Voe. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Titan HST and Todd De Voe eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
With cyber-attacks in the headlines, a new report provides a gloomy reminder of the deep and long-lasting impact when things go wrong in public corporations. On average, companies struck by a crisis suffered a drop in share price by 19%, and share value took 147 days to recover. Moreover, crises involving environmental damage resulted in almost twice as severe an impact on the average share price.
The cost of crises increasingly features in the headlines. When Facebook, WhatsApp, and Instagram had a six-hour global outage late last year, Facebook shares fell by 5%, costing founder Mark Zuckerberg an estimated $6 billion in personal wealth. Software maker Adobe was the victim of a cyberattack that compromised about 38 million active users. The company had initially declared that 2.9 million accounts had been affected and paid millions of dollars in fines.
Links
Web:https://titanhst.com/
LinkedIn:https://bit.ly/3KgRvv6
Instagram:https://www.instagram.com/titanhst/
Twitter:https://twitter.com/TitanHST
Facebook:https://www.facebook.com/TitanHST/
Youtube:https://bit.ly/3mePJyG
  continue reading

132 episoder

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