A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
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“The full scope, nature and impacts of the incident are not yet known,” the US drinks giant said.
The attack gave an unauthorized third party access to Fairlife's production-related systems; Canadian operations are unaffected
“The full scope, nature and impacts of the incident are not yet known,” the US drinks giant said.
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The beverage company is still working to determine the full scope of the breach at its Fairlife business.
The disruption comes ahead of Q2 earnings, as investors assess recovery efforts, cyber risks and potential financial impact.
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The latest trading day saw Coca-Cola (KO) settling at $84.92, representing a +3% change from its previous close.
Coca Cola said dairy production at its Fairlife unit will "remain suspended" in the United States following a hack.
Investing.com -- Coca-Cola (NYSE:KO) shares dipped 1% in after-hours trading Thursday after the beverage giant disclosed a ransomware attack that has temporarily paralyzed U.S. production at its fairlife dairy subsidiary. The company confirmed that a third party gained unauthorized access to fairlife’s network, directly compromising production-related systems. As a result, Coca-Cola has been forced to hit pause on all fairlife manufacturing operations across the United States. Upon detecting the
(Bloomberg) -- The Coca-Cola Co. said it had temporarily suspended production operations of its Fairlife milk in the US after an unauthorized third party gained access to some of its systems.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham's IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI's First Device Will Be Movable, Screenless Speaker Built as AI CompanionChip Stocks Get Hit
(Bloomberg) -- The Coca-Cola Co. said it had temporarily suspended production operations of its Fairlife milk in the US after an unauthorized third party gained access to some of its systems.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionChip Stocks Get Hit
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