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Surviving the Storm: How Companies Bounce Back from Cybersecurity Breaches | by Kory Becker | Apr, 2024

Cybersecurity breaches are becoming more common, threatening the stability and valuation of technology companies. Given the negative impact of these breaches on a company’s assets, it’s crucial to assess whether these assets exceed their recoverable amount. Legal fees, repair costs, damage to reputation, and loss of customer trust are among the potential costs. Equifax’s journey from a cyber attack to financial recovery is an example.

Source: medium.datadriveninvestor.com –

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MediSecure cyber security incident

The Australian Government is responding to a cybersecurity incident involving former prescription delivery service, MediSecure. The national prescription delivery service, Fred IT Group’s eRx Script