Cadre Determined Co Experienced Cybersecurity Incident In Which Unauthorized Third Party Gained Access To Certain Technology Systems Of Co; Full Scope, Nature And Impact Of Incident Has Not Yet Been Determined
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Cadre Determined Co experienced a cybersecurity incident where an unauthorized third party accessed certain technology systems. The full scope, nature, and impact of the incident are still being determined.
July 19, 2024 | 8:22 pm
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Cadre Determined Co experienced a cybersecurity breach involving unauthorized access to its technology systems. The full extent and impact of the incident are still under investigation.
Cybersecurity incidents typically have a negative short-term impact on stock prices due to potential operational disruptions, regulatory scrutiny, and loss of customer trust. The uncertainty surrounding the full scope and impact of the breach adds to the negative sentiment.
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