Honda

Rapid Response: Honda

Honda has been hit with a ransomware attack. Based on the financial impact to corporations hit with similar attacks, it is likely Honda will see a 13-19% incremental decline in operating margins due to increasing security-response costs and technology expenses related to fixing supply-chain disruptions. Like other 2-Star rated companies, Honda’s below average cyber governance (trending lower in the past 6 months) has been a warning for investors in the form a potential underperforming share price due to the company’s technology challenges.

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Denis Bolshakov

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What are the Cyberhedge Cyber Governance Indices?

These first ever benchmarks prove good cyber governance matters to shareholder value. They measure stock market performance of companies with good and with bad cyber governance scores. Scores are based on Cyberhedge’s proprietary cyber governance rating methodology. Market performance is tracked by an independent firm. The results show that companies with good cyber governance outperform their peers in US, UK, and EU markets.

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