[This market update and analysis is taken from: FSM
News.]
The stock of Cisco Systems Inc. (NASDAQ: CSCO), the largest networking company in the world, is poised for a significant decline due to the mysterious release of spying tools created by the US National Security Agency’s elite group of hackers and the massive 7-percent job cuts.
Impact of NSA Hacking Tools Leak on Cisco
A cache of highly sophisticated hacking tools codenamed Buzzdirection,
Epicbanana, Egregiousblunder, and Extra Bacon, among others appeared online
just recently, and Cisco products were deemed vulnerable to these. ExtraBacon particularly
targets Cisco Adaptive Security Appliance firewall.
This latest news can be considered as an international
scandal as the multibillion dollar tech corporation’s networking equipment are
used by countless of critical state agencies and large companies all over the
world. With these hacking tools leaked out into the internet for all to see,
anyone from a basement hacker to a professional spy could gain access to them
now. Until these cybersecurity flaws are patched, many computer systems, especially
those utilizing Cisco products, may be in jeopardy.
