The global consumer industry experienced a 44% drop in company filings mentions of cybersecurity in Q2 2023 compared with the previous quarter, with the highest share accounted for by Compagnie Financiere Richemont with 46% year-on-year increase, according to GlobalData’s analysis of over 243 consumer company filings. GlobalData’s Cybersecurity in Consumer Goods – Thematic Research market report provides a detailed understanding on how Cybersecurity impacts the value chain in the Consumer 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 Q2 2023, ranking highest in terms of mentions, ahead of low cost evolution and digital banking, according to GlobalData.
Of the top leading companies in the consumer industry, Compagnie Financiere Richemont had the greatest increase in references for cybersecurity in Q2 2023, compared with the previous quarter. GlobalData identified 19 cybersecurity-related sentences in the company's filings - 0.8% of all sentences - and an increase of 100% in Q2 2023 compared with Q2 2022. Chow Tai Fook Jewellery Group’s mentions of cybersecurity rose by 100% to 13 and Ambev’s by 100% to 11 and Brown-Forman’s by 100% to 10 and EssilorLuxottica’s by 100% to 10.
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 Q2 2023 was 229.
To further understand GlobalData's analysis on Cybersecurity in Consumer Goods - Thematic Research, buy the report here.