Cyber

Cyberattacks Abound Yet Companies Tell SEC Losses Are Few

“The 27 largest U.S. companies reporting cyber attacks say they sustained no major financial losses, exposing a disconnect with federal officials who say billions of dollars in corporate secrets are being stolen.
MetLife Inc., Coca-Cola Co. (KO), and Honeywell International Inc. were among the 100 largest U.S. companies by revenue to disclose online attacks in recent filings with the Securities and Exchange Commission, according to data compiled by Bloomberg. Citigroup Inc. (C) reported ‘limited losses’ while the others said there was no material impact.”

Source:Cyberattacks Abound Yet Companies Tell SEC Losses Are Few – Bloomberg

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