ČEZ blames results leaks on poor internet security

16-08-2011

The Czech power producer ČEZ, whose disappointing second-quarter results were leaked a day early on Monday, blames the leaks on poor internet security. The Reuters news agency released the ČEZ results on Monday after its reporters gained access to a section of the company’s website where the results had been posted; however, the company had not then officially released the respective link. The largest Czech energy producer posted a net profit of 6.72 billion crowns for the second quarter of this year, a drop by nearly 40 percent year-on.-year.