The global consumer industry experienced a 35% rise in company filings mentions of cybersecurity in Q1 2024 compared with the previous quarter, with the highest share accounted for by On with 211% year-on-year increase, according to GlobalData’s analysis of over 217 consumer company filings. GlobalData’s Consumer: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the consumer industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, cybersecurity was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of electric vehicles and experience economy, according to GlobalData.
Of the top leading companies in the consumer industry, On had the greatest increase in references for cybersecurity in Q1 2024, compared with the previous quarter. GlobalData identified 59 cybersecurity-related sentences in the company's filings - 2% of all sentences - and an increase of 211% in Q1 2024 compared with Q1 2023. Coca-Cola’s mentions of cybersecurity rose by 104% to 53 and Church & Dwight’s by 30% to 43 and Anheuser-Busch InBev’s by 215% to 41 and Altria Group’s by 3500% to 36.
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 2024 was 178.
For further understanding of GlobalData's Consumer: Filings Trends & Signals Q1 2024, buy the report here.
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