At what point are shareholders able to sue for negligence? That question has been haunting the cyber domain for a decade…
“QinetiQ’s espionage expertise didn’t keep Chinese cyber- spies from outwitting the company. In a three-year operation, hackers linked to China’s military infiltrated QinetiQ’s computers and compromised most if not all of the company’s research. At one point, they logged into the company’s network by taking advantage of a security flaw identified months earlier and never fixed.”
Source: China Cyberspies Outwit U.S. Stealing Military Secrets – Bloomberg