According to the report from Bloomberg, In 2009, the FBI told Coca-Cola executives that hackers had broken into their computer systems, when a malicious link was emailed to a senior executive, but never revealed the incident. Hackers were able to spend a month operating undetected, logging commercially sensitive information.
"Hackers had broken into the company’s computer systems and were pilfering sensitive files about its attempted $2.4 billion acquisition of China Huiyuan Juice Group (1886), according to three people familiar with the situation and an internal company document detailing the cyber intrusion." Bloomberg said.
Coca-Cola, the world’s largest soft-drink maker, has never publicly disclosed the loss of the Huiyuan information, despite its potential effect on the deal. Although the report claimed state-sponsored actors were involved, experts interviewed by the news wire said the attack had all the hallmarks of Comment a prolific Chinese hacking group.
Recently company said to Theinquirer, "Our Company's security team manages security risks in conjunction with the appropriate security and law enforcement organizations around the world," " As a matter of practice, we do not comment on security matters."
The question these cases raise is this: is keeping quiet on data breaches a bad thing?
About the author
Subscribe for Updates
Want more Interesting News like this? Sign up here to receive the best of 'The Hacker News' delivered daily straight to your inbox.