Clorox’s Profit Takes Major Hit Due to Cyberattack

Clorox issued a warning that its financial performance suffered a considerable setback in the quarter ending September 30, primarily attributed to the lingering impacts of a cyberattack that disrupted its operations. The manufacturer of bleach and cleaning products anticipates a 23% to 28% drop in net sales and predicts its gross margin for the quarter to also decline compared to the same period last year.

Source: Heimdal Security Blog

 


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