Precious Metals
Cybersecurity Mentions in Company Filings of Mining Industry Increased by 99% in Q1 2023
The global mining industry experienced a 99% rise in company filings mentions of cybersecurity in Q1 2023 compared with the…
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The global mining industry experienced a 99% rise in company filings mentions of cybersecurity in Q1 2023 compared with the previous quarter, with the highest share accounted for by Deere & Co, according to GlobalData’s analysis of over 165 mining company filings. GlobalData’s Cybersecurity in Mining – Thematic Research market report provides a detailed understanding on how Cybersecurity impacts the value chain in the Mining sector, and the leading Cybersecurity adopters and vendors in the market. Buy the report here.
Notably, cybersecurity was one of the most frequently referenced themes in Q1 2023, ranking highest in terms of mentions, ahead of social and Covid-19, according to GlobalData.
Of the 50 leading companies in the mining industry, Deere & Co had the greatest increase in references for cybersecurity in Q1 2023, compared with the previous quarter. GlobalData identified 15 cybersecurity-related sentences in the company’s filings – 11% of all sentences – and an increase of 1400% in Q1 2023 compared with Q4 2022. Steel Dynamics’s mentions of cybersecurity rose by 500% to 12 and CNH Industrial’s by 300% to 8 and Southern Copper’s by 100% to 7 and Freeport-McMoRan’s by 100% to 1.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cybersecurity in Q1 2023 was 200.
To further understand GlobalData’s analysis on Cybersecurity in Mining – Thematic Research, buy the report here.
The post Who’s saying what? Cybersecurity mentions in company filings of mining industry increased by 99% in Q1 2023 appeared first on Mining Technology.
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