Mr. Cooper Group Determined That The Company Had Experienced A Cybersecurity Incident In Which An Unauthorized Third Party Gained Access To Certain Technology Systems
Portfolio Pulse from Benzinga Newsdesk
Mr. Cooper Group has experienced a cybersecurity incident where an unauthorized third party gained access to certain technology systems. The company's ongoing investigation suggests that this incident will not have a material adverse effect on its business, operations, or financial results.
November 02, 2023 | 1:10 pm
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NEUTRAL IMPACT
Mr. Cooper Group (COOP) experienced a cybersecurity breach. The company does not expect this to have a significant impact on its business or financial results.
Mr. Cooper Group has experienced a cybersecurity incident. However, the company's initial assessment suggests that this will not have a significant impact on its business, operations, or financial results. This suggests that the incident was likely contained quickly and effectively, minimizing potential damage. Therefore, the short-term impact on the company's stock is expected to be neutral.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100