Companies disclose more on cybersecurity—but markets remain indifferent

Companies disclose more on cybersecurity—but markets remain indifferent

U.S. companies are reporting on cybersecurity in greater detail, yet stock market reactions remain muted. A new study by the University of Vaasa and Aalto University shows that mandatory cybersecurity disclosure does not prompt reactions from investors or stock analysts. Instead, the main benefits appear to materialize within firms themselves.