By Robert McMillan
IDG News Service
June 8, 2010
Five months after Google was hit by hackers looking to steal its
secrets, technology companies are increasingly warning their
shareholders that they may be materially affected by hacking attempts
designed to take valuable intellectual property.
In the past few months Google, Intel, Symantec and Northrop Grumman --
all companies thought to have been targets of a widespread spying
operation -- have added new warnings to their U.S. Securities and
Exchange Commission filings informing investors of the risks of computer
Google doesn't talk about the specific attack against its systems, but
it now warns shareholders that this type of event is a material risk.
"[O]utside parties may attempt to fraudulently induce employees, users,
or customers to disclose sensitive information in order to gain access
to our data or our users' or customers' data," Google wrote in a section
added to its annual financial report in February, a month after it
disclosed the hacking incident.
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