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Cyber hit on China-owned supplier to Boeing, Airbus sends stock down

Mr Cryan told reporters on Thursday at the World Economic Forum in Davos, Switzerland, that the risk of cyber crimes are his biggest concern in 2016.


CYBER fraud sent shares of Austria's FACC AG to their steepest drop since the supplier of parts to Boeing Co and Airbus Group SE began trading in 2014. The company put damages at 50 million euros (S$78.4 million) - one of the biggest losses after a hacking event for its size.