Geopolitics Alpha

Cyber-attack on French supermarket freezers has geopolitical context

Published . Updated .

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Cyber-attack on French supermarket freezers has geopolitical context

‘Not particularly complex’ defrosting hack has been attributed to Iran, with presumption it is linked to others across Europe

Directly affected

  • No company is named in this report.

Indirectly affected

  • CIBR First Trust NASDAQ Cybersecurity ETF+7.0% 30d

    First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story.

  • EWQ iShares MSCI France ETF-0.5% 6d

    iShares MSCI France ETF holds stocks listed in France, which this story is about (“french”).

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).

  • CRWD CrowdStrike Holdings-10.6% 7d

    CrowdStrike Holdings (prepackaged software): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.

  • PANW Palo Alto Networks-6.5% 30d

    Palo Alto Networks (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.

  • FTNT Fortinet-28.4% 30d

    Fortinet (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CIBR+6.17%+6.88%base+4.04%+3.90%+5.72%+5.90%
EWQ-0.47%+2.21%base+2.69%+2.80%+2.36%+2.09%
VGK+0.86%+3.36%base+3.06%+2.69%+2.46%+1.83%
CRWD+11.44%+11.07%base+5.42%+4.03%+5.85%+5.48%
PANW+12.02%+10.92%base+5.44%+4.01%+6.57%+2.78%
FTNT+6.23%+8.92%base+3.06%+4.01%+7.80%+9.05%

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

‘Not particularly complex’ defrosting hack has been attributed to Iran, with presumption it is linked to others across Europe Iranian hackers like to send a message. In 2023 a state-backed group interrupted TV streaming services in the Uni…

Source: The Guardian

Defense

CompanyWhenMoveStatus
CIBRthat day+4.04%final price
CIBRthe next day+3.90%final price
CIBRtwo days later+5.72%final price
CIBRthree days later+5.90%final price
CIBRthree days earlier+6.88%final price
CIBRfive days earlier+6.17%final price
CRWDthat day+5.42%final price
CRWDthe next day+4.03%final price
CRWDtwo days later+5.85%final price
CRWDthree days later+5.48%final price
CRWDthree days earlier+11.07%final price
CRWDfive days earlier+11.44%final price
EWQthat day+2.69%final price
EWQthe next day+2.80%final price
EWQtwo days later+2.36%final price
EWQthree days later+2.09%final price
EWQthree days earlier+2.21%final price
EWQfive days earlier-0.47%final price
FTNTthat day+3.06%final price
FTNTthe next day+4.01%final price
FTNTtwo days later+7.80%final price
FTNTthree days later+9.05%final price
FTNTthree days earlier+8.92%final price
FTNTfive days earlier+6.23%final price
PANWthat day+5.44%final price
PANWthe next day+4.01%final price
PANWtwo days later+6.57%final price
PANWthree days later+2.78%final price
PANWthree days earlier+10.92%final price
PANWfive days earlier+12.02%final price
VGKthat day+3.06%final price
VGKthe next day+2.69%final price
VGKtwo days later+2.46%final price
VGKthree days later+1.83%final price
VGKthree days earlier+3.36%final price
VGKfive days earlier+0.86%final price

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Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the defense case looks

12 out of 100

“Cyber-attack on French supermarket freezers has geopolitical context” scores 12 out of 100. The score uses 1 sources.