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Dish Network Confirms “Cyber Security Incident,” With Personal Data Possibly Stolen; Stock Falls To 14-Year Low

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deadline.com

Shares in Dish Network continued their multi-day slide on Tuesday, falling another 6% to a 14-year low of $11.41, after the pay-TV and wireless provider confirmed its systems were hit by a cyberattack.

Outages and new information about them have come in waves. Last Thursday, when executives convened a conference call to report fourth-quarter earnings, they acknowledged that internal servers and IT resources had been knocked out.

In a filing with the SEC on Tuesday, the company said it had discovered on Monday that personal data of customers may have been “extracted” during the attack. “The services of cyber-security experts and outside advisors were retained to assist in the evaluation of the situation,” the filing said.

The company also said it notified law enforcement authorities. “The forensic investigation and assessment of the impact of this incident is ongoing,” the filing said.

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