Western Digital, the data storage technology company, reported a network security incident on April 3 that caused its shares to drop over 6%. The company has not disclosed the extent of the breach or any potential impact on its customers.
Why it matters: The incident highlights the ongoing threat of cyber attacks to businesses, particularly those in the technology and data storage sectors. It also underscores the importance of robust cybersecurity measures and rapid incident response plans for all organizations.
- The incident may cause further disruption to its operations, and the company is taking measures to secure its systems and services, including taking them offline.
- Law enforcement and forensics experts are working with the company who is also conducting their own investigation.
- The incident highlights the ongoing threat of cyber attacks to businesses, particularly those in the technology and data storage sectors.
