In a rapidly moving context (GDPR, increase in cyber-attacks, etc.), Wavestone’s “Cybersecurity and Digital Trust” teams analysed the cybersecurity maturity levels of companies in major stock markets. In this study, the firm analysed the financial communications (annual reports, forms 10-K, forms 20-F, etc.) of 260 companies, published by June 1st 2019.
Regulated financial communications are an opportunity for companies to transparently communicate to their investors on the level of cyber risk they are exposed to and enhance the value of their investments in terms of cyber risks coverage. However, not all companies are seizing this opportunity!
Discover the results of this unique study, which analyses the level of maturity reported from the following perspective: executive committee involvement, cybersecurity investments, GDPR, governance, risks, etc.
In addition to this global cross-analysis, each Wavestone office conducted a detailed study to shed light on local practices. The detailed reports make it possible to go further in the analysis made on each topic.
France
In 2nd position, the CAC 40 stands out particularly when considering GDPR (general data protection regulation) and personal data protection.
United States
The US leads ahead in the analysis, particularly thanks to the financial sector and a significant commitment by Executive Committees on the subject of cybersecurity.
United Kingdom
The UK stands out with numerous mentions of cybersecurity programs, demonstrating extensive investment levels by companies in order to cover their risks.
Belgium
Belgium covers many cybersecurity topics in a homogeneous way: awareness and training, action plans to cover cyber risk, privacy, etc.
Switzerland
Switzerland mainly highlights privacy in financial communications, driven by the European Union regulatory efforts.
Hong Kong
The Hong Kong detailed report is still under construction. It will be published here as soon as it is finalized.
This publication was produced with the contributions of:
ALLOUCHE Amine, ALLOUCHE Oussama, ALVES Manon, BILLOIS Gérôme, BONNARD Dominique, BROOKS Thomas, BUCHET Baptistin, CHAGNOLEAU Axel, CHEN Jing, CORDIER Aurélien, DUBOC Marie-Constance, DROUIN Florian, EL HAMMOUMI Hajar, ESPITALIER-NOEL Florence, EVRIPIDOU George, GORDON Laura, HANTOUCHE Chadi, HONORE Noémie, LUKAT Alexandre, MAZARS Alexandre, PIALAT Valery, PIETU Claire, POUCHET Florian, ROBINS Luke, SHODUNKE Simi, THORNTON Robin, VAN OENE Marc, YANG Dominique
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