Clorox Still Reeling from August Cyberattack, Warns of Lasting Financial Hit

Clorox production still disrupted from August cyberattack, warns of financial impact
Attack causing product outages and delays, company can't estimate when full operations will resume
Clorox bringing systems back online next week, will ramp up production over time
Breach still causing "widespread disruption", company operating manually
Scaled back order processing meaning fewer products on store shelves
Attack at Clorox follows recent cyber breaches at casino companies MGM and Caesars

cnbc.com

Relevant topic timeline:

9/19/2023

Clorox Faces Shortages After Cyberattack Disrupts Operations

Summary: Clorox customers may struggle to obtain disinfecting wipes and cleaning materials due to a recent damaging cyberattack that has caused disruptions in the company's operations.

9/19/2023

Clorox Still Feeling Effects of Cyberattack as Shoppers Face Shortages of Cleaning Products

Shortages of household products, including cleaners and personal care items, are occurring as The Clorox Company recovers from a cyberattack, causing slower order processing and availability issues.

10/5/2023

Clorox Shares Plunge Over 8% as Cyberattack Severely Impacts Sales and Profits

Clorox shares dropped more than 8% after the company reported that a cyberattack in August had a significant negative impact on sales and profits, leading to a 23% to 28% decline in sales for the quarter and a projected loss of up to 40 cents per share.

10/5/2023

Clorox Shares Plunge on Q1 Loss Warning After Cyber Attack Disruption

Shares in Clorox fell 8.1% after a cyber attack in August led the cleaning supplies company to forecast a quarterly loss and a significant decline in revenue, with analysts downgrading the stock and expressing concerns over operational and financial planning.

10/5/2023

Clorox Shares Drop on Financial Impacts of August Cyberattack

Cleaning product maker Clorox experienced a significant decline in its stock price after disclosing the financial impact of a cyberattack in August, leading to downgrades and price target cuts by analysts.

10/6/2023

Cyberattacks Disrupt Operations and Expose Data at Major U.S. Companies in 2022

Multiple companies, including Johnson Controls, Clorox, and MGM Resorts, have recently experienced significant cybersecurity breaches, resulting in financial losses and operational disruptions, highlighting the ongoing issue of cyberattacks affecting various industries.

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Posted 9/18/2023, 1:14:29 PM

Clorox Still Reeling from August Cyberattack, Warns of Lasting Financial Hit

Clorox production still disrupted from August cyberattack, warns of financial impact
Attack causing product outages and delays, company can't estimate when full operations will resume
Clorox bringing systems back online next week, will ramp up production over time
Breach still causing "widespread disruption", company operating manually
Scaled back order processing meaning fewer products on store shelves
Attack at Clorox follows recent cyber breaches at casino companies MGM and Caesars

cnbc.com

Relevant topic timeline:

9/19/2023

Clorox Faces Shortages After Cyberattack Disrupts Operations

Summary: Clorox customers may struggle to obtain disinfecting wipes and cleaning materials due to a recent damaging cyberattack that has caused disruptions in the company's operations.

9/19/2023

Clorox Still Feeling Effects of Cyberattack as Shoppers Face Shortages of Cleaning Products

Shortages of household products, including cleaners and personal care items, are occurring as The Clorox Company recovers from a cyberattack, causing slower order processing and availability issues.

10/5/2023

Clorox Shares Plunge Over 8% as Cyberattack Severely Impacts Sales and Profits

10/5/2023

Clorox Shares Plunge on Q1 Loss Warning After Cyber Attack Disruption

10/5/2023

Clorox Shares Drop on Financial Impacts of August Cyberattack

10/6/2023

Cyberattacks Disrupt Operations and Expose Data at Major U.S. Companies in 2022