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Ubiquiti Shares Dive After Reportedly Downplaying ‘Catastrophic’ Data Breach

Shares of New York City-based IoT device maker Ubiquiti (NYSE: UI) fell significantly this week following a report claiming that the recently disclosed data breach was “catastrophic” and that its impact was downplayed. The post Ubiquiti Shares Dive After Reportedly Downplaying ‘Catastrophic’ Data Breach appeared first on SecurityWeek.

Shares of New York City-based IoT device maker Ubiquiti (NYSE: UI) fell significantly this week following a report claiming that the recently disclosed data breach was “catastrophic” and that its impact was downplayed.

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