Should your company pay cybercriminals after a ransomware attack? It depends. [Business Insider]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
Check Earnings Report
US:NYSE Investor Relations:
ibm.com/investor
Company Research
Source: Business Insider
This story is part of " Security Playbook ," a series detailing cybersecurity advice and strategies. Cybercriminals stealing important data and holding it for ransom can be a company's worst nightmare. Instances of ransomware , a type of malicious software that holds sensitive data hostage until a victim pays the attacker, are becoming more common. The security firm Mandiant, a Google subsidiary, said it found a 75% increase in posts on data-leak sites from 2022 to 2023. Some companies choose to pay cybercriminals, and others don't. MGM and Boeing reportedly declined to pay millions of dollars that hackers sought after data breaches. The software firm CDK Global likely paid $25 million when it was attacked, and the casino operator Caesars reportedly paid $15 million. "The position we generally take is that if you don't need to pay ransom, you should not pay ransom," said Mark Lance, the vice president of digital forensics and incident response and threat intelligence at Guide
Show less
Read more
Impact Snapshot
Event Time:
IBM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBM alerts
High impacting International Business Machines Corporation news events
Weekly update
A roundup of the hottest topics
IBM
News
- Four Overlooked Benefits Of Job Aids And Checklists [Forbes]Forbes
- The 2024 AI HW Summit: Here's What Caught My Attention [Forbes]Forbes
- Qiskit Functions: IBM's Quantum Game-Changer [Forbes]Forbes
- Tom Davis Joins Epiq as Chief of Staff, Supporting Class Action, Remediation, And Mass Tort Business Unit [Financial Post (Toronto, Ontario, Canada)]Financial Post
- IBM Brings Together Partners To Accelerate Quantum Computing Adoption [Forbes]Forbes
IBM
Earnings
- 7/24/24 - Beat
IBM
Sec Filings
- 9/11/24 - Form 8-K
- 9/6/24 - Form 25-NSE
- 9/3/24 - Form 4
- IBM's page on the SEC website