Board Cyber-Risk Concerns After Alleged Chinese Chip Hacking
Article published on October 12, 2018
By Lindsay Frost
A recent Bloomberg seriesalleges that a Chinese microchip manufacturer infiltrated servers at Amazon, Apple and an unnamed telecommunications company to spy on trade secrets and other intellectual property. Although the companies have denied the existence of the chips purchased from Super Micro Computer Inc., the news has ignited the fear of widespread hacking among companies.
This comes as regulators continue to pressure boards to disclose how they are overseeing cyber security-related issues, such as risk mitigation around hardware hacking. Similarly, companies are increasingly trying to bring C-suite technology-focused executives directly onto the board for their insight.
We're not able to reproduce the entire piece due to FT Agenda copyright, however FT Agenda subscribers can access the full article, please go to: