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Kuaishou Cyberattack Disrupts Livestreaming, Triggers Sharp Stock Decline
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Kuaishou Cyberattack Disrupts Livestreaming, Triggers Sharp Stock Decline

Chinese short-video platform Kuaishou Technology saw its shares fall sharply after the company confirmed a cyberattack that briefly disrupted its livestreaming services, exposed users to inappropriate content, and rattled investor confidence. The Kuaishou cyberattack, which occurred late on Monday night, triggered the stock’s steepest single-day decline in more than two months and pushed it to its lowest level since late November.

First seen on thecyberexpress.com

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