Coke Gets Hacked And Doesnâ€™t Tell Anyone - Bloomberg
Ottway Ducard stashed this in global
I think it's wrong to withhold information about hacking from investors.
Coca-Cola, the worldâ€™s largest soft-drink maker, has never publicly disclosed the loss of the Huiyuan information, despite its potential effect on the deal. It is just one in a global barrage of corporate computer attacks kept secret from shareholders, regulators, employees -- and in some cases even from senior executives.
This is material to the future of the company. Withholding it is a breach of transparency.
They must have felt a strong incentive to withhold this information, as they were not the only one.
The more interesting thing to me was that a) they tried to buy a Chinese company b) they were hacked, and the acquisition fell apart.
What is China up to?
What is China the government up to? Good question.
Â anyone know Coke people? Â itSoftware could help a lot for this sort of thing.
I don't know anyone there but if I ever do I will refer you.Â