AT&T has finally confirmed it is impacted by a data breach affecting 73 million current and former customers after initially denying the leaked data originated from them.

AT&T has finally confirmed it is impacted by a data breach affecting 73 million current and former customers after initially denying the leaked data originated from them.

  • MrTolkinghoen@lemmy.zipEnglish
    161·
    9 months ago

    Also the delay in admitting it was just enough time for everyone internal to unload their shares.

    • underisk@lemmy.mlEnglish
      7·
      9 months ago

      i dont know why they would, its not like there’s ever any consequences for this shit.

      • MrTolkinghoen@lemmy.zipEnglish
        3·
        9 months ago

        Well…you unload. Wait for the temporary price hit to the stock, then buy as it inevitably returns to the consequence free level it was at before.

        Although… Looking at the 5d chart. Nothing. Crickets. So 🤷🏻‍♂️

        • underisk@lemmy.mlEnglish
          1·
          9 months ago

          Yeah that makes sense, I suppose. They would try to turn it into a profit-making opportunity. I don’t know how accurate this is or if I’m even reading it correctly, but it seems insider stock sales picked up in the last three months so maybe you’re right.