Heidrick & Struggles International (HSII) has disclosed a new risk, in the Supply Chain category.
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Heidrick & Struggles International faces significant business risk due to its reliance on third-party providers for critical technology infrastructure and applications, including cloud-based services. The potential failure or suboptimal performance of these external parties could lead to operational disruptions and financial burdens. Furthermore, inadequate security measures by these vendors pose a threat to data integrity and could result in reputational damage and legal liabilities if sensitive information is compromised or misused, thus materially impacting the firm’s business operations.
The average HSII stock price target is $35.00, implying 4.73% upside potential.
To learn more about Heidrick & Struggles International’s risk factors, click here.