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.