COVID-19-related travel disruptions are having a material impact on Hertz’s (HTZ’s) operations and financial position, as well as an increased likelihood of an operational problem related to its poor cyber governance.

Why does Cyber Governance matter?

COVID‑19-related travel disruptions are having a material impact on Hertz’s (HTZ’s) operations and financial position, as well as an increased likelihood of an operational problem related to its poor cyber governance.

What does the company need to do moving forward?

HTZ’s poor cyber governance will likely be a bigger challenge to the companies’ medium-to-long-term outlook than it was pre-COVID‑19. Looking beyond the crisis, HTZ will still be a technology company that has done a persistently poor job of managing its digital technology. HTZ will be under even more pressure to continue under-resourcing this critical infrastructure in favor of expending increasingly scarce capital resources on cost-cutting and supporting existing operations.