Revenue Agenda
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Revenue Agenda
No Result
View All Result
Home Editor's Pick

Clorox says last month’s cyberattack is still disrupting production

by
September 19, 2023
in Editor's Pick
0
Clorox says last month’s cyberattack is still disrupting production
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Clorox on Monday warned of a material financial hit from ongoing production disruptions caused by a cyberattack last month.

The company, which produces its namesake bleach products and Pine-Sol, among other household items, also said it doesn’t have an estimate for when it will be able to resume full operations.

The cybersecurity breach will impact fiscal first quarter results due to product outages and delays, Clorox said.

Nonetheless, the company said it believes the threat is contained. It expects to start bringing systems back up to speed next week, and will ramp up to full production “over time.”

Clorox had disclosed the attack Aug. 14, saying that its systems had been breached. After learning of the attacks, the company took systems offline and involved law enforcement.

Now, a month later, the attack is still causing “widescale disruption” to the companies operations, according to a Clorox securities filing. While systems are being repaired, the company has had to go manual on many of its procedures. As a result, the company has scaled back its order processing, meaning fewer products are making their way onto store shelves.

The breach at Clorox comes as Las Vegas casino companies MGM and Caesars reckon with their own cyberattacks. MGM also warned of a potential material impact on its finances.

Shares of Clorox traded roughly 1% lower Monday.

More from CNBC:

Disney asset sales won’t break the bank, but they will move legacy media forwardApple will charge $29 for a USB-C adapter for your new iPhoneStellantis could close 18 facilities under UAW deal — here are the full details of its latest offer

This post appeared first on NBC NEWS
Previous Post

Stellantis could close 18 facilities under UAW deal — here are the full details of its latest offer

Next Post

Anxiety ripples through the Democratic Party over Biden

Next Post
Anxiety ripples through the Democratic Party over Biden

Anxiety ripples through the Democratic Party over Biden

  • Trending
  • Comments
  • Latest
Top 10 Potash Countries by Production (Updated 2024)

Top 10 Potash Countries by Production (Updated 2024)

August 21, 2024
Top 10 Cobalt Producers by Country (Updated 2024)

Top 10 Cobalt Producers by Country (Updated 2024)

September 19, 2024
Sen. Peter Welch says Israel ground invasion would ‘exacerbate’ conditions in Gaza: ‘Grave concerns’

Sen. Peter Welch says Israel ground invasion would ‘exacerbate’ conditions in Gaza: ‘Grave concerns’

October 24, 2023
Top 10 Phosphate Countries by Production (Updated 2024)

Top 10 Phosphate Countries by Production (Updated 2024)

August 1, 2024
Blue Lagoon Resources to Present at 121 Mining Investment Conference in New York

Blue Lagoon Resources to Present at 121 Mining Investment Conference in New York

0
New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law

0

Pennsylvania House clears tax credits for new teachers, nurses, police officers

0
Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

Evers signs bipartisan sales tax bill aimed at sparing Milwaukee from bankruptcy

0
Blue Lagoon Resources to Present at 121 Mining Investment Conference in New York

Blue Lagoon Resources to Present at 121 Mining Investment Conference in New York

June 9, 2025
Crypto Market Recap: Bitcoin Funds See US$7 Billion Inflows, Saylor Shrugs Off Quantum Risk

Crypto Market Recap: Bitcoin Funds See US$7 Billion Inflows, Saylor Shrugs Off Quantum Risk

June 9, 2025
Web Summit 2025: AI Innovation, Investment Shifts and Global Tech Alliances Take Center Stage

Web Summit 2025: AI Innovation, Investment Shifts and Global Tech Alliances Take Center Stage

June 7, 2025
How AI is Poised to Rewire the Foundations of Medicine

How AI is Poised to Rewire the Foundations of Medicine

June 7, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

Error: Contact form not found.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent News

Blue Lagoon Resources to Present at 121 Mining Investment Conference in New York

Blue Lagoon Resources to Present at 121 Mining Investment Conference in New York

June 9, 2025
Crypto Market Recap: Bitcoin Funds See US$7 Billion Inflows, Saylor Shrugs Off Quantum Risk

Crypto Market Recap: Bitcoin Funds See US$7 Billion Inflows, Saylor Shrugs Off Quantum Risk

June 9, 2025
Web Summit 2025: AI Innovation, Investment Shifts and Global Tech Alliances Take Center Stage

Web Summit 2025: AI Innovation, Investment Shifts and Global Tech Alliances Take Center Stage

June 7, 2025
How AI is Poised to Rewire the Foundations of Medicine

How AI is Poised to Rewire the Foundations of Medicine

June 7, 2025
  • About us
  • Privacy Policy
  • Terms & Conditions
  • About us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 revenueagenda.com | All Rights Reserved

No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy

Copyright © 2025 revenueagenda.com | All Rights Reserved