1. Cisco faces critical vulnerabilities in popular products exploited by hackers. 2. No patches are available; users must wipe and rebuild affected devices. 3. Affected products include Cisco Secure Email Gateway and Web Manager appliances. 4. The hacking campaign is linked to Chinese hacking groups and has been ongoing. 5. The attack may limit exposure as features are not internet-enabled by default.
FAQ
Why Very Bearish?
The critical vulnerability and lack of patches could severely damage customer trust, impacting sales.
How important is it?
The vulnerability directly affects Cisco's core products and reputation, likely influencing stock performance.
Why Short Term?
Companies may switch to competitors due to security concerns, affecting immediate revenue.