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Stock impact report

Hackers Got Into America’s Power Grid. But Don’t Freak Out. [Fortune]

SYMANTEC (SYMC) 
Last symantec earnings: 8/8 04:19 pm Check Earnings Report
Company Research Source: Fortune
Last week cybersecurity firm Symantec released a report on what it calls Dragonfly 2.0—a collection of intrusions into industrial and energy-related organizations worldwide. For the last six years, the Dragonfly intrusions and others have regularly gone deeper into the operational networks that control elements of America’s power grid. These adversaries had access to the networks that operate the industrial equipment used to power our country. That sounds scary. But the belief pushed by governments, Hollywood movie scripts, and media headlines for years—that we are standing on the brink of cyber-induced blackouts and mass chaos—is misinformed. Our adversaries are at the starting point of their journey to cause significant disruption to our power grid, not the finish line. Cause for concern is, of course, understandable, especially after the recent attacks on Ukraine’s power grid. In December 2015 an adversary group known as Sandworm caused the first known case of power lo Show less Read more
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