Booz Allen CEO downplays effect of Anonymous hack


Robert McMillan

A July cyberattack on Booz Allen Hamilton will not materially harm the company's bottom line, its CEO said Tuesday.

The Anonymous hacking collective stole source code, e-mail addresses and other data from Booz Allen and published it online on July 11. Still, the company does not expect "the cost of remediation and other activities directly associated with the attack" to "have a material affect on our financial results," said Ralph Shrader, Booz Allen's Chairman and CEO on a conference call with analysts. His remarks were posted in a transcript of the call on the SeekingAlpha website.

AntiSec, a group affiliated with the Anonymous umbrella organization, claimed credit for the Booz Allen hack. It published a list of 90,000 military e-mail addresses, apparently stolen from Booz Allen's systems, along with "hashed" passwords that could possibly be cracked by a determined attacker.

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