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> Ubiquiti’s stock price has grown remarkably since the company’s breach disclosure Jan. 16. After a brief dip following the news, Ubiquiti’s shares have surged
by busymom0 6y ago
> Ubiquiti’s stock price has grown remarkably since the company’s breach disclosure Jan. 16. After a brief dip following the news, Ubiquiti’s shares have surged from $243 on Jan. 13 to $370 as of today. By market close Tuesday, UI had slipped to $349.
Until these companies are held massively accountable for such negligence, nothing will change. Similar to what happened to Facebook and all they had to do was pay chump change fines.