In an op-ed for CNBC, Tim Seymour and Ryan Dodd write about the impact privacy and data security concerns may have on tech companies’ stock prices. Stories about disclosures from major tech companies have raised concerns from investors, and recent developments had turned cyber risk into a serious business risk. “2018 represents the evolution of technology and cyber risk from the story of lost customer data, embarrassing public disclosures and the occasional firing of the C-suite,” Seymour and Dodd write. “The market is selling off because of this shift, and the rating agencies are moving because of it too.” Meanwhile, CNET reports a deal between Google and Firefox should help Mozilla fund more privacy efforts.
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