When Insiders Profit from Cyber Breaches
One outrageous thing we learned about the Equifax breach (among many) is that three corporate executives sold company stock after the breach was discovered but not yet disclosed . Equifax stock tumbled 35% when the attack was announced, but by then insiders had already unloaded their shares and earned nearly two million dollars. If those executives knew about the breach, this is troubling. No one should profit from a cyber-attack, especially not officers of the victim company