[BITList] The effects of Malware !

michael J Feltham ismay at mjfeltham.plus.com
Sun Aug 20 08:45:31 BST 2017


Maersk Lost $200-$300 Million To NotPetya Plague <https://www.cnbc.com/2017/08/16/maersk-says-notpetya-cyberattack-could-cost-300-million.html>
The malware known as NotPetya made headlines largely for how widely it affected networks across the world, hitting Ukraine and then spreading quickly across the internet, mostly to Europe and Asia. But now that two months have passed, it's becoming clear just how devastating that epidemic was for some of its largest victims. For shipping firm Maersk, it led to as much as $300 million in damages, one of the worst-ever effects of a cyberattack on a company's balance sheet. In a statement from the company's CEO Soren Skou on Tuesday, Maersk said it expects to see those nine figures of lost revenue on its third quarter earnings reports. The company's statement said that was able to start receiving new bookings from customers two days after the attack. But earlier reports on Maersk's malware debacle found that the company had shut down at least one entire facility in New Jersey and had to switch to manually tracking its loading and unloading of cargo, keeping offline and even handwritten records of its business in branches from India to New Zealand to Alabama.


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