F5 Cybersecurity Breach Leads to Sales Downgrade and Share Price Drop

Reported about 5 hours ago

F5, a cybersecurity firm, has lowered its annual revenue forecast due to a recent systems breach linked to state-backed hackers from China, which has raised concerns among U.S. and UK governments. Following this news, the company's shares fell by 10%, and F5 anticipates that demand for its services might be impacted in the near term as clients reassess their security environments.

Source: YAHOO

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