Data breaches impacts share prices
Data has been dubbed the “new oil” by many market commentators, who describe how it has become the world’s most valuable commodity, powering the technology economy in the same way petroleum fuelled 20th century industry. But, as investors are finding, scandals caused by data leaks can be just as damaging to tech behemoths as oil spills are to supermajors.
Full article: Data privacy: Tech’s ‘dark underbelly’ bugs responsible investors | Financial Times