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(Cyber)security in numbers

3 June 2015 By Dominic Elliott

Cybersecurity firm Sophos has six banks selling at least $125 mln of stock. That’s an average $21 mln per firm, a light workload. Facebook’s 33 underwriters shifted far more. Perhaps only the 128 banks on Goldman’s 1999 IPO did less. But the numbers hide a broader farce.

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