Boston Scientific Suffers Cyberattack Impacting Global Operations
Medical device manufacturer Boston Scientific announced that a cyberattack has occurred, disrupting its global business operations and order processes.
Discovered yesterday, the cyberattack disrupted medical device manufacturer Boston Scientific's global operations as well as the processing and shipping of customer orders.
Cyberattack and Global Impacts
Medical device manufacturer Boston Scientific announced in an official statement on Wednesday that a cyberattack disrupted its global operations, including customer order processing and shipping systems. Discovered on Tuesday, the incident continues to impact business processes as the company works to restore operations.
Investigation and Expert Support
In a securities filing on Wednesday, the global manufacturer stated that it has engaged outside cybersecurity experts to investigate the incident and contain the threat. The filing noted that the incident has caused and is expected to continue causing disruptions in access to certain information systems and business applications.
System Restoration and Market Reaction
The company noted that it is working to restore affected functions and system access, but a timeline for full restoration is currently unknown. Following the incident, Boston Scientific shares dropped by up to 6% in early trading.