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Sony Hires FireEye To Clean Up Hacking Mess
http://www.benzinga.com/trading-ideas/long-ideas/14/12/5096727/sony-hires-fireeye-to-clean-up-hacking-messFireEye Inc FEYE 6.93% shares continued to push higher Friday as Sony Corp (ADR) SNE 1.09% announced that it had hired the company "to clean up a massive cyber attack that knocked out the studio's computer network nearly a week ago," according to Reuters.
As fallout from the Sony attack continued to unfold, investors appeared to be looking at FireEye as a long-term play in the cyber-security sector. FireEye stock was up 6 percent on Friday, following gains of 8 percent on Thursday and 3 percent on Wednesday.
The attack on Sony and its subsequent decision to scrub the release of "The Interview" amid threats from hackers appears to be lifting FireEye’s peers as well.
Qualys Inc QLYS 5.34% has been moving higher since Wednesday afternoon and recently traded at $38.99, up 5.1 percent.
Reuters story: http://www.reuters.com/article/2014/11/30/sony-cybersecurity-mandiant-idUSL2N0TK0R920141130