Clorox blames hackers for drop in quarterly revenue
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The manufacturer of sanitary detergents Clorox blamed hackers for reducing revenue in the third quarter of the fiscal year. reports CNBC with a link to the company.
According to the manufacturer’s forecast, its net quarterly revenue will decline by 23-28% year over year, and the loss per share will range from 25 to 75 cents.
The company explained that the cyber attack, which it first disclosed in August, continues to interfere with the establishment of the production process, although the degree of negative impact is decreasing.
Clorox is currently continuing to evaluate the long-term impact of the hack on its operating results. They emphasized that hackers were able to cause widespread damage to the company, although Clorox was able to restore control systems, many processes had to be switched to manual mode, which slowed down production. However, the company assured that the threat had been stopped.
According to media reports, the hacker group Scattered Spider, which is also associated with the hacking of casino operators MGM Resorts and Caesars, is suspected of being responsible for the cyberattack on Clorox. MGM previously warned that the hacker attack could impact its operating results.
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