Disney to Stop Using Slack Following Hack That Exposed Company Data, Many Disney Teams Had Already Started to Transition to 'Streamlined Enterprise-Wide Collaboration Tools'
Portfolio Pulse from Benzinga Newsdesk
Disney has decided to stop using Slack after a hack exposed company data. Many Disney teams had already begun transitioning to other enterprise-wide collaboration tools.
September 19, 2024 | 4:49 pm
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NEGATIVE IMPACT
Slack, owned by Salesforce (CRM), is being dropped by Disney due to a data breach. This could impact Slack's reputation and Salesforce's business with large enterprises.
Disney's decision to stop using Slack due to a data breach could negatively affect Slack's reputation and Salesforce's ability to retain large enterprise clients. This may lead to short-term pressure on Salesforce's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Disney is ceasing the use of Slack due to a data breach, opting for more secure enterprise-wide collaboration tools. This move reflects Disney's focus on data security and operational efficiency.
The decision to stop using Slack is a direct response to a security breach, highlighting Disney's commitment to data security. While this may not have an immediate financial impact, it underscores Disney's proactive approach to protecting its data, which is crucial for investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100