Charles River Laboratories Intl (CRL) has disclosed a new risk, in the Cyber Security category.
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Charles River Laboratories Intl is exposed to growing cybersecurity risk due to its reliance on large, complex systems holding sensitive client and study data. Despite enhanced safeguards and an active incident response program, recent social engineering incidents and ongoing threats, including AI-enabled attacks, highlight that unauthorized access, data exfiltration, and operational disruption remain plausible.
An escalation in successful attacks could trigger regulatory investigations, private litigation, contractual breaches, and reputational damage, potentially increasing compliance and security costs and impacting financial performance. Dependence on third-party SaaS and cloud providers further widens the attack surface, raising the possibility that a future incident at the company or its vendors could have a material adverse impact on Charles River’s operations and client relationships.
Overall, Wall Street has a Moderate Buy consensus rating on CRL stock based on 7 Buys and 4 Holds.
To learn more about Charles River Laboratories Intl’s risk factors, click here.