cyber breach Archives - CFO

Pearson to Pay $1M Fine for Misleading Investors About Cyber Breach

Pearson to Pay $1M Fine for Misleading Investors About Cyber Breach

The 2018 cyber intrusion involved the theft of millions of student records, including birth dates and email addresses.

By Lauren Muskett | August 16, 2021

Cyber Breach Disclosures Still Take More Than a Month

Cyber Breach Disclosures Still Take More Than a Month

At the median, public companies took 37 days last year to disclose a breach, the longest period recorded since 2016, says Audit Analytics.

By Vincent Ryan | April 9, 2021

Cyber Breaches Lead to Cutbacks in Dividends and R&D Spending

Cyber Breaches Lead to Cutbacks in Dividends and R&D Spending

In contrast, the CEO's total pay tends to increase in the years after a publicly disclosed cyber attack, finds a new study.

By Vincent Ryan | March 18, 2019

Don’t Neglect Security in M&A Due Diligence

Don’t Neglect Security in M&A Due Diligence

A good business decision can turn bad very quickly if security becomes an afterthought.

By Drew Del Matto | November 21, 2016

IP Cyberattacks Expected to Rise

IP Cyberattacks Expected to Rise

Fifty-eight percent of almost 3,000 participants say cyber thefts will increase in the coming year, while only 16.1% say otherwise.

By Sean Allocca | October 27, 2016

FTC Can Sue Wyndham For Cyber Breach: Court

FTC Can Sue Wyndham For Cyber Breach: Court

An appeals court denied Wyndham's motion to dismiss the case against the company for 'exposing consumer data to the risk of theft.'

By Katie Kuehner-Hebert | August 24, 2015

Fewer Companies Able to Detect a Cyber Breach

Fewer Companies Able to Detect a Cyber Breach

Only 31% of organizations discovered IT security compromises through their own resources last year, according to Mandiant.

By Matthew Heller | February 25, 2015