Moller-Maersk: cyberattack cost up to $300 million

The world’s largest container delivery line A.P. Moller-Maersk says the June cyberattack that paralyzed its core delivery enterprise is estimated to have value the corporate between $200 million and $300 million.

The Copenhagen-based mostly group says the impression will first be mirrored in third quarter outcomes as income was primarily misplaced in July.

The corporate says the June 27 malware assault was distributed by way of Ukrainian accounting software program with backdoors into the networks of customers. It was contained the next day.

The group stated its companies “have been considerably affected,” however there was “no knowledge breach or knowledge loss.”

It stated its second-quarter loss got here in at $264 million, towards a revenue a yr earlier of $118 million. Income was $9.6 billion, down from $eight.7 billion.

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