By John Kell
April 13, 2015

Welcome to the new version of Fortune’s daily newsletter – the Fortune CEO Daily. We recognize our readers are flooded with more information, and have less time to digest it, than ever before. So we have retooled this newsletter to do some of that work for you, and to reach you earlier in the morning. We will highlight the day’s news from as well as other news sources, and steer you to the stories we think are most important for your business success. We welcome your feedback.

Since Hillary Clinton’s announcement is hardly a surprise, we would focus your attention this morning on two important reports on cybersecurity. The first comes from consulting firm FireEye, highlighting a ten-year campaign by hackers, almost certainly backed by the Chinese government, collecting political and military intelligence in Southeast Asia. The report underscores the sophistication and scope of today’s cyber attacks. The second comes out of Intel, based on a survey of 700 IT and security experts, and argues the key for companies is not so much preventing such attacks – which may be impossible – but detecting them in the first hour they occur – the all-important “golden hour.”

If a cyber attack doesn’t get you, an activist attack just might. The Wall Street Journal reports Jana Partners, which owns a $2 billion stake in Qualcomm, is pressuring the company to consider a breakup. We won’t address the merits of the case here, but if anyone doubts the perils of trying to run a company in today’s public markets, they should read what venture investor Marc Andreesen had to say at Fortune’s Brainstorm Tech dinner in San Francisco last week:

“If you go public in this environment under the single class structure and a board that gets reelected every 12 months, god help you…There’s never been a more dangerous time to be an unprotected public company.”

Enjoy the day!

Alan Murray


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