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Yahoo Could Confirm 'Massive Data Breach' Which Impacted Hundreds Of Millions Of Users: Recode
Thursday, September 22, 2016 - 11:10am | 283Recode, citing "several sources close to the situation," reported Thursday that Yahoo! Inc. (NASDAQ: YHOO) is expected to confirm it has been the victim of a "massive data breach" involving hundreds of millions of users. Yahoo said earlier in the summer it's...
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Wendys Reverses Early Gains And Tumbles Following Q1 Beat
Wednesday, May 11, 2016 - 10:12am | 242Shares of Wendys Co (NASDAQ: WEN) were trading lower by more than 6 percent Wednesday despite reporting a better-than-expected first quarter results. Wendy's stock initially traded higher by more than 10 percent on light early volume after the company said it earned $0.11 per share in the...
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This Cable Company Just Got Fined By The FCC For Getting Hacked
Friday, November 6, 2015 - 9:40am | 369The Federal Communications Commission has levied a $595,000 fine on Cox Communications after its systems were hacked. Hackers from Lizard Square gained access to Cox's private customer information. Lizard Square is the same hacking group that was considered to be behind Sony Corp (ADR...
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Cybersecurity Sector Mixed Following FXCM Cyberattack
Thursday, October 1, 2015 - 10:09am | 593FXCM Inc (NYSE: FXCM) disclosed it was a victim of a criminal cybersecurity hack. FXCM's stock plummeted nearly 8 percent during Thursday's morning session. Cybersecurity names were mixed following FXCM's disclosure. FXCM, an online provider of foreign exchange trading and...
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The Average Data Breach Now Costs $3.8 Million
Wednesday, May 27, 2015 - 3:04pm | 381According to the latest research by Ponemon Institute, the average data breach now cost $3.8 million dollars, up from $3.5 million in 2014. As cyber-criminals get increasingly sophisticated, they have come to target more valuable data, including financial and medical records. The Price Of An...
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Target May Owe You Up To $10,000 From Data Breach
Thursday, March 19, 2015 - 9:44am | 177Target Corporation (NYSE: TGT) has agreed to a $10 million settlement with lawyers for its 2013 data breach, Engadget has reported. CBS News reported at the same time that the company could pay individuals up to $10,000 each in damages. Target's spokesperson Molly Snyder told CBS that the...
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Report: Apple Pay System Hit By 'Wave Of Fraudulent Transactions'
Friday, March 6, 2015 - 9:40am | 231Apple Inc.'s (NASDAQ: AAPL) new mobile-payment system has been hit with a "wave of fraudulent transactions" using credit-card data that have been stolen in recent breaches, according to the Wall Street Journal. The publication, citing sources familiar with the matter, noted that...
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FireEye Pops Following Massive Data Breach At Anthem
Thursday, February 5, 2015 - 11:27am | 275Anthem Inc (NYSE: ANTM), the second-largest U.S. health insurer by market value, on Thursday reported it has been a victim of a data breach affecting tens of millions of current and former customers and employees, according to a report by Bloomberg. Included in the breach was personal data...
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How A Data Breach, The Dollar And Offensive Merchandise Are All To Blame For Lukewarm Retail Numbers
Wednesday, November 19, 2014 - 2:41pm | 888After Monday's closing bell, Urban Outfitters, Inc. (NASDAQ: URBN) showed they are still struggling to attract shoppers at its namesake stores. Earnings per share for the third quarter came in at a lousy $0.35, $0.10 lower than the Estimize consensus, showing a decline of 26 percent YoY....
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Home Depot's Q3 Conference Call: Any Bias In Forecasting Sales Would Be On The Upside
Tuesday, November 18, 2014 - 12:26pm | 279The Home Depot, Inc. (NYSE: HD) reported its third quarter results Tuesday morning. The company's management hosted a conference call shortly after to discuss its quarter and future outlook. Shares were trading recently at $96.52, down 1.5 percent. Below are some of the highlights from...
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Staples Latest Company To Investigate Data Breach
Tuesday, October 21, 2014 - 10:32am | 204Krebs On Security reported that Staples, Inc. (NASDAQ: SPLS) may be a victim of a data breach. Brian Krebs wrote that sources close to him revealed a pattern of credit and debit card fraudulent transactions that may trace back to several Staples locations in the Northeastern United States....
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The Year-Long Chain Of Retailer Data Breaches
Friday, October 17, 2014 - 3:15pm | 1063The Wall Street Journal reported on December 18, 2013 that Target Corporation (NYSE: TGT) had been the victim of an "extensive theft" of customers' credit and debit card data. Understandably, consumers panicked and investors worried. The timing couldn't have been worse, as...
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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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Home Depot A Possible Victim Of Security Breach
Tuesday, September 2, 2014 - 2:37pm | 197Shares of Home Depot (NYSE: HD) spiked lower Tuesday following a Krebs On Security report that the retailer may have been a victim of a massive security breach. A large batch of stolen credit and debit cards appeared for sale on Tuesday morning in the “cybercrime underground.” Multiple banks are...
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FireEye Surges Amid Celebrity Photo Leaks, Home Depot Security Breach
Tuesday, September 2, 2014 - 2:33pm | 267Shares of FireEye (NASDAQ: FEYE) were trading higher Tuesday by more than seven percent. The sharp move higher could be attributed to a leak of celebrity photos over the weekend, as well as news of yet another credit card data breach at a major retailer. Over the long weekend, private and...