Cybersecurity risk is really an enterprise risk for these companies, notes Alex Hamerstone. He talks about how the effects of cyber hacks have changed. He discusses how according to Moody’s, the cybersecurity incident is “credit negative” for MGM resorts. He also goes over how Clorox (CLX) says August cyberattack will weigh on 1Q earnings. Alex then looks at how cyberattacks weigh on companies bottom line. Tune in to find out more about cybersecurity and the stock market today.
Trading 360
20 Sep 2023
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