Many hedge funds spent time analyzing the effect on a stock price after breach disclosure. From what I read overall, the only negative effect comes if the breac

Many hedge funds spent time analyzing the effect on a stock price after breach disclosure. From what I read overall, the only negative effect comes if the breach is repeated over longer period of time in media. But as Elena Kvochko put it, "shareholders are numb to news of data breaches" [0]. [0] https://hbr.org/2015/03/why-data-breaches-dont-hurt-stock-prices https://hbr.org/2015/03/why-data-breaches-dont-hurt-stock-pr...