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FireEye Says It Was Hacked: Should Shareholders Worry?


Hackers never rest, which exposes enterprises to constant cybersecurity threats. But FireEye's (NASDAQ: FEYE) announcement last week was particular. The cybersecurity specialist revealed it was hacked, which doesn't bode well for its activities that consist of protecting customers from such events.

So should shareholders worry about the consequences for FireEye's business?

The company is still investigating the attack, but the available information indicates hackers penetrated its internal systems to steal some of its red team tools. FireEye leverages these tools to simulate hackers' activities and detect weaknesses in its customers' computing infrastructures.

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Source Fool.com

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