NEW YORK--(BUSINESS WIRE)--Business Wire has been cooperating fully with the U.S. Department of Justice in its investigation of a sophisticated global hacking scheme that is alleged to have gained unauthorized access to non-public, market-moving information.
In addition to working closely with the U.S. Government, Business Wire proactively hired a prominent cybersecurity firm to conduct additional forensic testing of its systems, and to provide assurance that Business Wire’s network is fully operational and secure.
“Security is our number one concern at Business Wire,” said Cathy Baron Tamraz, the company’s CEO. “We devote substantial resources annually to security, including multiple security audits by leading industry consultants. Protecting the confidential information of our clients is of paramount importance. Despite extreme vigilance and commitment, recent events illustrate that no one is immune to the highly sophisticated illegal cyber-intrusions that are plaguing every aspect of our society.”
Business Wire will continue to fully cooperate and assist in this ongoing investigation.