Ransomware attacks can have long-term financial consequences for companies beyond the immediate costs of the ransom, according to IBM’s Cost of a Data Breach Report. The impact can include legal and insurance fees, regulatory fines, recovery costs, and reputational damage. A breach can significantly impact company earnings and stock prices. Most companies see a drop in net income and stock prices following a breach. A major part of reducing these effects lies in being proactive and open about the breach.
CDC issues warning over recalled eggs sold in three states
The Centers for Disease Control and Prevention (CDC) has issued a warning against recalled eggs linked to 24 hospitalizations due to salmonella infection. The eggs,