Title eBook-Managing-Data-Privacy-Cybersecurity-ESG-Risk-Sept2022.pdf ✅

1 DATA PRIVACY, CYBERSECURITY AND ESG: MANAGING RISKS IN A CHANGING BUSINESS ENVIRONMENT Data Privacy, Cybersecurity and ESG Managing Risks in a Changing Business Environment
2 DATA PRIVACY, CYBERSECURITY AND ESG: MANAGING RISKS IN A CHANGING BUSINESS ENVIRONMENT Acknowledgment Sustainalytics would like to thank Melissa Hudson, ESG Research Associate Director, for contributing her expertise and feedback to the content of this ebook. Copyright ©2022 Sustainalytics. All rights reserved. The information, methodologies, data and opinions contained or reflected herein are proprietary of Sustainalytics and/or third parties, intended for internal, non-commercial use, and may not be copied, distributed or used in any way, including via citation, unless otherwise explicitly agreed in writing. They are provided for informational purposes only and (1) do not constitute investment advice; (2) cannot be interpreted as an offer or indication to buy or sell securities, to select a project or make any kind of business transactions; (3) do not represent an assessment of the issuer’s economic performance, financial obligations nor of its creditworthiness; (4) are not a substitute for a professional advice; (5) past performance is no guarantee of future results. These are based on information made available by third parties, subject to continuous change and therefore are not warranted as to their merchantability, completeness, accuracy or fitness for a particular purpose. The information and data are provided “as is” and reflect Sustainalytics’ opinion at the date of their elaboration and publication. Sustainalytics nor any of its third-party suppliers accept any liability for damage arising from the use of the information, data or opinions contained herein, in any manner whatsoever, except where explicitly required by law. Any reference to third party names is for appropriate acknowledgement of their ownership and does not constitute a sponsorship or endorsement by such owner. A list of our third-party data providers and their corresponding terms of use are available on our website. For more information visit: http://www.sustainalytics.com/legal-disclaimers. Insofar as applicable, researched companies referred herein may have a relationship with different Sustainalytics’ business units. Sustainalytics has put in place adequate measures to safeguard the objectivity and independence of its opinions. For more information, contact [email protected] Different disclaimers may be applicable to specific products or services.
3 DATA PRIVACY, CYBERSECURITY AND ESG: MANAGING RISKS IN A CHANGING BUSINESS ENVIRONMENT Contents Addressing Data Privacy and Security is Essential in Today’s Business Environment 4 Cybersecurity and Data Privacy is an ESG Issue 5 The Pervasive Use of Personal Data is Driving ESG Risk 6 Data Privacy and Security Incidents: An Overview 7 Risks of Poor Cybersecurity Management for Companies 12 Addressing and Mitigating Cyber Risk 18 Data Privacy and Security is an ESG Issue That Cannot Be Ignored 22 References 24