Canon Printers At Risk: How To Manually Wipe Wi-Fi Settings Before Discarding
Portfolio Pulse from Ananya Gairola
Canon Inc. (OTC:CAJFF) has issued a security advisory warning users to manually wipe Wi-Fi settings from their printers before disposal. The company stated that sensitive Wi-Fi settings may not be automatically deleted during a factory reset or initialization process, leaving them vulnerable to potential hackers. Canon has listed nearly 200 printer models impacted by this issue.

August 04, 2023 | 10:48 am
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NEGATIVE IMPACT
Canon's security advisory could potentially impact the company's reputation and customer trust, which may affect its stock price in the short term.
Canon's security advisory indicates a potential vulnerability in their products, which could lead to a decrease in customer trust and potentially impact sales. This could negatively affect the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100