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cyberattack Tag

Cyber-attack cost Merck $135m in lost sales

Reading Time: < 1 minute  |  Published: October 27, 2017 in Industry News

Pharmaceutical giant Merck & Co says a recent cyber-attack resulted in production shutdowns and cost it around $135m in lost revenue. Merck – known as MSD outside North America – said the attack had a particular impact on its ability to supply its human papillomavirus (HPV)...

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NotPetya Attack Costs Big Companies Millions

Reading Time: < 1 minute  |  Published: August 18, 2017 in Industry News

Some of the big companies hit by the NotPetya malware in late June have reported losing hundreds of millions of dollars due to the cyberattack. The NotPetya malware outbreak affected tens of thousands of systems in more than 65 countries, including ones belonging to major organizations...