Corporate and M&A

Hanesbrands’ ransomware attack cost $100 million in sales

2022-08-16T06:47:00

HanesBrands_Stacked

Hanesbrands’ ability to order materials, make and ship orders, and process payments was negatively impacted during its second quarter due to a ransomware attack on the company’s information technology systems that was identified on May 24. The company was unable to fill customer orders for about three weeks.

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