It seems every day there is another story about hacking and data breaches, whether the alleged attackers are foreign governments or a lone wolf, the newsworthy targets are high profile, but it is a problem impacting a huge swath of businesses, regardless of size. Yahoo, Eddie Bauer and Target stores are amongst many others who have been affected and Cloud giant Oracle reported a potential intrusion on its MICROS payment systems last August.
This daily threat has certainly thrown a curveball in the mergers and acquisitions market. A perfect example is Verizon’s potential acquisition of Yahoo. That deal is now in jeopardy because of a second breach of Yahoo’s data according to a Reuter’s article this week.
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