Pharmaceutical group emails confidental forecasts to analysts

Powered by SC Magazine
 

Classic 'fat finger' mistake.

Pharmaceutical group AstraZeneca accidentally sent out confidential internal corporate forecasts to financial analysts last week.

According to the Financial Times, it sent the emails on 5 January and a day later requested recipients destroy the information without accessing it.

“In line with its usual practice, the company will provide specific financial guidance for 2012 and any updates to 2010 to 2014 midterm planning assumptions, in conjunction with its full year 2011 financial results announcement, scheduled for 2 February 2012,” the company said in a statement.

Proofpoint vice-president of technology Andres Kohn said the breach was a classic "fat finger" mistake, but added AstraZeneca should have had policies and technology in place to ensure data was handled appropriately.

This article originally appeared at scmagazineuk.com

Copyright © SC Magazine, UK edition


Pharmaceutical group emails confidental forecasts to analysts
Tags
 
 
 
Top Stories
Westpac interim CIO resigns
Group CIO yet to be appointed.
 
Five emerging technologies that will transform financial services
[Blog post] Far out ideas that aren't far off.
 
Earning the right to innovate
Breaking down the barriers to innovation is a long, but rewarding process, says Bank of Queensland Group CIO, Julie Bale.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
What is delaying adoption of public cloud in your organisation?







   |   View results
Lock-in concerns
  27%
 
Application integration concerns
  3%
 
Security and compliance concerns
  28%
 
Unreliable network infrastructure
  9%
 
Data sovereignty concerns
  23%
 
Lack of stakeholder support
  3%
 
Protecting on-premise IT jobs
  4%
 
Difficulty transitioning CapEx budget into OpEx
  3%
TOTAL VOTES: 928

Vote