ISS Governance today announced that the ISS Cyber Risk Score and related data will be added to its ISS U.S. Benchmark Research and Voting reports for a broader coverage universe. Coverage currently includes companies in the S&P 500, and will, for the 2024 proxy season, expand to cover most constituent companies of the S&P 400, S&P 600, and Russell 3000 indices. The scores will be provided for informational purposes only and will not impact ISS’ policy application or voting recommendations.
The ISS Cyber Risk Score supports investors by signaling the potential for a company experiencing a breach event in the next 12 months, based on an assessment of Internet-exposed assets.
Georgina Marshall, Global Head of Research at ISS Governance, said: “In light of the SEC’s new cyber security risk management and incident disclosure rules, the coverage extension of the ISS Cyber Risk Score in our U.S. Benchmark Research and Voting Reports is timely, and will help investors interested in this area to gauge the relative cyber risk of their portfolio companies and create meaningful opportunities for engagement with companies.”