Clorox Crisis Shows Cyber Risk’s Harsh Business Downside
After being recognized as one of Forbes’ Most Cybersecure Companies and investing over $500 million in IT upgrades, Clorox suffered a significant cyberattack that forced a switch to manual processes, resulting in operational problems and supply chain disruption. This led to a 28% decrease in quarterly sales and wiped out over $3 billion in market valuation. The incident underscores rising cyber threats and the urgent need for organizations to strengthen operational resilience and technological readiness.
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