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Posted by Evan Bundschuh, Gabriel Bundschuh & Assoc. Inc., on Sunday, May 14, 2017
Editor’s Note: Evan Bundschuh is vice president and commercial lines head at Gabriel Bundschuh & Assoc. Inc. This post is based on a GB&A publication by Mr. Bundschuh.
When data breaches target credit card numbers and personal information, the damage can be quantified, however when hackers explicitly target a company’s shares that damage is much more unpredictable. Insider-Trading hacks are akin to coming home to find your house has been (somewhat silently) broken into—but was anything stolen? And how long will it take to discover? Did they vandalize anything in the process? Did they install any backdoors? These are big problems when shareholders are involved.
May 14, 2017 at 07:36PM
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