How ransomware affects stock market share prices: report
Paul Bischoff reports:
Comparitech researchers analyzed historical share price data of 24 companies listed on the New York Stock Exchange. For each stock, We pulled the closing share prices ranging from six months prior to a ransomware attack being publicly reported up to three years afterward. We additionally broke down the data by the type of malware used, time of the incident, and industry.
Our findings show that Wall Street investors are largely unconcerned with ransomware attacks aside from a very brief sell-off when news of the attack is first published.
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