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Buffett’s Business Wire hires Markel for security after hack

Robert Markel has been hired after allegations in August that an insider-trading ring relied on computer hackers to pilfer media announcements.

By Katherine Chiglinsky | Updated on December 14, 2015

(Bloomberg) — Business Wire, the press-release distribution company at Warren Buffett’s Berkshire Hathaway Inc., hired Robert Markel as chief information security officer after allegations in August that an insider-trading ring relied on computer hackers to pilfer media announcements.

Markel joins from airline Virgin America Inc. and will be responsible for overseeing vulnerability management, penetration testing and regulatory compliance, the unit of Omaha, Nebraska- based Berkshire said in a statement Monday.

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