Zurn Water Solutions Corporation (ZWS) has disclosed a new risk, in the Cyber Security category.
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Zurn Water Solutions Corporation faces significant challenges due to the integration of artificial intelligence, which could potentially expose them to security risks regarding confidential or proprietary information and personal data. The uncertain regulatory environment surrounding AI use poses threats of reputational damage and liability, particularly if AI providers fail to meet evolving privacy and data protection standards. Additionally, the use of AI by third-party vendors without disclosure increases the risk of intellectual property loss and potential harm to the company’s reputation. The threat is further compounded by bad actors employing sophisticated AI methods for illegal activities, which could severely impact Zurn’s business operations.
Overall, Wall Street has a Hold consensus rating on ZWS stock based on 1 Buy and 4 Holds.
To learn more about Zurn Water Solutions Corporation’s risk factors, click here.
