Posted: Dec 10, 2018
It’s too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed last week, and other companies that have suffered big attacks are imperfect proxies, said Chief Financial Officer Leeny Oberg at an investor conference today.
“Any situation that you’ve seen from other companies, they are all highly individual, and no one should make an assumption about, if it was this way for one company, it will be that way for another,” Oberg said at the Barclays Gaming and Lodging Conference, marking the first public comments by a top executive since the company disclosed the hack. “You do expect there will be material costs associated with this.”
Leeny ObergPhotographer: Andrew Harrer/Bloomberg
Marriott said Dec. 1 that personal data for as many as 500 million guest was exposed in the breach, according to the company’s statement. The hack affected the system for Starwood Hotels and Resorts, which Marriott acquired for $13.6 billion in 2016, and in some cases exposed credit card data, passport numbers and loyalty account information.
Read the full article at Bloomberg
December 10, 2018
Go-Wine's mission is to organize food and beverage information and make it universally accessible and beneficial. These are the benefits of sharing your article in Go-Wine.com
The Wine Thief Bistro & Specialty Wines is a locally owned small business in downtown Frankfort, IL offering world class wines in a relaxed, casual gathering spot for friends and family. Offering world class virtual tastings and touchless carryout.
https://www.twtwineclub.com/aboutusGo-Wine 25 Great Wineries in US selection prioritizes quality, value and availability.
www.go-wine.com/great-wineries-in-americaTasting wine is a nice experience, but visiting the places in which wine is made is a magic moment. Available in New York City for touchless pickup.