Why does cyber governance matter? GE has rightly identified digital transformation as essential to all of its businesses, but its Cyberhedge 1-Star rating indicates significant underperformance and heightened downside financial risk at a time when the business is already enduring significant shocks amidst COVID‑19. What does the company need to do moving forward?

Why does cyber governance matter?

GE has rightly identified digital transformation as essential to all of its businesses, but its Cyberhedge 1-Star rating indicates significant underperformance and heightened downside financial risk at a time when the business is already enduring significant shocks amidst COVID‑19.

What does the company need to do moving forward?

While strengthening the balance sheet is what the market expects and what CEO Lawrence Culp has indicated is the top priority, GE should invest effectively in security to better protect the company against further downside financial risk at a time when COVID‑19 is accelerating digital transformation globally.