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Posts Tagged ‘bankruptcy’

The Wall Street Journal is reporting that telecoms firm Nortel Networks was repeatedly breached by Chinese hackers for almost a decade. The newspaper cited Brian Shields, a former Nortel employee who led an internal investigation into the security breaches, and published claims that the hackers stole seven passwords from the company’s top executives – including […]

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DigiNotar — the CA that got hacked — announced bankruptcy yesterday (read the release). This is a very clear case where a company folded because it was hacked. However, this is not the first time something similar has happened. Earlier this year an Australian hosting provider called Distribute.IT was badly hacked and had no recoverable […]

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