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AP Moller-Maersk counts cost of cyber attack but swings to profit

by The Gurus
August 16, 2017
in Top 10 Stories
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AP Moller-Maersk said the Petya cyber attack had cost it $200m-$300m as the world’s biggest container shipping line returned to profit, buoyed by relatively strong global trade. The Danish conglomerate said the majority of the impact from the cyber attack would be felt in the third quarter, due to lost revenues in July, after its entire IT system including booking applications was brought down by malware hidden in a document used to file tax returns in Ukraine.
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ORIGINAL SOURCE: Financial Times

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