Booz Allen CEO says cyberattack won't impact finances
Booz Allen's CEO told analysts that a July hack by Anonymous won't affect the company's bottom line.
Trying to counteract any suspicion that Booz Allen's bottom line was affected by the Anonymous hack in July, the company's CEO downplayed the event during a conference call with analysts, reports Computerworld.
The cyber bandits stole the government contractor's source code and published a list of 90,000 military e-mail addresses as well as hashed passwords and other data, the article said.
While other hacked companies have reported remediation costs in the millions, Booz Allen Chairman and CEO Ralph Shrader said he does not expect "the cost of remediation and other activities directly associated with the attack ... [to] have a material affect on our financial results."