Economic news

Coca-Cola's Fairlife Resumes Output After Cyberattack

July 27 (Reuters) - Coca-Cola on Monday said its dairy company, fairlife, ​resumed most of the production at four U.S. ‌facilities, where operations were halted after unauthorized third-party access on some systems.

  • Fairlife, earlier this month, joined companies grappling with a ​surge in AI-driven cyberattacks and ​ransomware that steal sensitive data and ⁠disrupt operations, leading to a halt in domestic ​production.

  • The Chicago-based company launched an investigation with ​the help of external cybersecurity experts and advisers; Coca-Cola, which wholly owns fairlife, had said ​product quality and safety had not ​been affected by the incident.

  • Hacking gang Anubis claimed credit ‌for ⁠the hack on Tuesday, and said it had stolen 1 terabyte of data from fairlife.

  • The beverages giant said ​fairlife was working ​to restore ⁠impacted systems and operations; existing inventory helped maintain retail availability of products.

  • The ​company said the incident is ​not ⁠likely to have a material impact on its financial condition or results. ⁠Coca-Cola ​is expected to ​report second-quarter results on Tuesday.

Reporting by Neil J Kanatt ​in Bengaluru; Editing by Joyjeet Das

Source: Reuters


To leave a comment you must or Join us


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree