SecurityMarginal Revolutionabout 2 hours ago
The Anatomy of Cyber Risk
2 min read
A new measure of firm-level cyber risk exposure uses computational linguistics on quarterly earnings calls from over 14,000 firms across 90 countries between 2003 and 2025. Cyber risk exposure affects stock returns, profits, and predicts actual cyberattacks. The global cost is around $1 trillion per year.
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