Ransomware Gangs Target Corporate Financial Activities

Ransomware gangs are zeroing in on publicly held companies with the threat of financial exposure in an effort to encourage ransom payments, the FBI is warning. In an alert issued this week PDF, the Bureau said that activity over the course of the past year shows a trend toward targeting companies...

Security Breaches Don't Affect Stock Price

Interesting research: "Long-term market implications of data breaches, not," by Russell Lange and Eric W. Burger. Abstract: This report assesses the impact disclosure of data breaches has on the total returns and volatility of the affected companies' stock, with a focus on the results relative to...

Cybercrime Group Preys on Wall Street Insider Information

A criminal hacking group with an innate understanding of how Wall Street moves and what influences stock prices has found a soft spot in more than 100 publicly traded companies and is stealing, among other data, mergers and acquisitions intelligence. The group is homed in on healthcare and...

Report Details Coca-Cola Cyber Attack That Never was Disclosed

In an exclusive report, Bloomberg News outlines a month-long, systematic attack on Cola-Cola’s computer systems that may have influenced the failed $2.4 billion acquisition of a Chinese juice company. The FBI knew about it. Coca-Cola knew about it. But shareholders were kept in the dark. The Coke...