Cybersecurity is a significant pillar of risk management at Peabody. Our cybersecurity
strategy emphasizes mitigating cyber risk exposure and continuous improvement of cyber
defense and resilience capabilities.
Peabody’s cybersecurity strategy focuses on proactive risk management, ensuring
compliance, protecting sensitive data, assessing third-party vendors, and maintaining
business continuity. Peabody is also exploring how AI might increase productivity within
the mining industry, by improving safety, efficiency and environmental performance. AI
can be used to identify hazards, optimize mineral extraction efficiency, improve quality
control and reduce the environmental impact of mining. Peabody is committed to using AI
responsibly to support innovation and sustainability in mining.
In 2024, Peabody reported no data breaches, and continues to strengthen its cybersecurity
by upgrading firewall infrastructure, enhancing data protection protocols and following
the National Institute of Standards and Technology Cybersecurity Framework to align with
industry standards. All employees and board members complete annual cybersecurity
training, with specific training courses for those employees with access to sensitive
data. Peabody also studies AI-related risks, looking into issues of privacy, legal
matters and workforce impact. An AI Center of Excellence has also been established to
oversee controls, education and policy.