Mondelez Says Cyberattack Cost it Business - News Summed Up

Mondelez Says Cyberattack Cost it Business


Mondelez International Inc.’s sales in the most-recent quarter took a hit from a cyberattack that wreaked havoc across Europe and the U.S. last week, the company said Thursday. While the full impact has yet to be assessed, Mondelez estimates its second-quarter growth rate would be lowered by at least 300 basis points and warned it would book “incremental one-time costs” in the second and third quarters related to the attack.


Source: Wall Street Journal July 06, 2017 23:03 UTC



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