China buying coke

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China buying coke

Chinese hackers have been blamed for infiltrating confidential systems within Coca-Cola for more than a month, Bloomberg has reported , external. The fizzy drink firm was breached in when a malicious link was emailed to a senior executive. Hackers were able to spend a month operating undetected, logging commercially sensitive information. Last year the SEC outlined guidelines for companies who had been hit by cyber-attacks, saying that transparency on the issue was in the interest of investors and other stakeholders. However, companies have so far been reluctant to do so - fearing for reputational loss and negative impact on stock price. The email contained a malicious link which was clicked on - allowing for hackers to install keyloggers and other forms of malware on Mr Etchells' machine. In the days that followed, hackers took emails and stole passwords to give themselves administrative privileges on the network. The infiltration was - according to internal documents seen by Bloomberg - blamed on state-backed Chinese attackers. Had the takeover happened, it would have been the largest foreign takeover of a Chinese company. However, the deal collapsed three days after the cyber-attack, Bloomberg said, citing internal sources. Coca-Cola told the BBC in a statement: 'Our company's security team manages security risks in conjunction with the appropriate security and law enforcement organisations around the world. Pastebin overcomes Anonymous spat. French Euromillions site hacked. PlayStation 'master code' leaked. Companies are encouraged. Collapsed deal. More on this story.

Swire's Coca-Cola business in China remains 'challenging'

China buying coke

Key bottler eager to expand in Southeast Asia; group touts overall profit surge. A worker loads Coca-Cola drinks from a truck in Beijing. Swire Pacific, one of the major bottlers in greater China and Southeast Asia, faces a 'challenging' business environment in mainland China. She cited the slow economic recovery from the COVID pandemic, coupled with a difficult external environment, and said the situation may not turn around this year. Consumer Swire's Coca-Cola business in China remains 'challenging' Key bottler eager to expand in Southeast Asia; group touts overall profit surge. March 14, JST. Read Next. Business deals. Latest on Consumer. Sponsored Content.

China buying coke