Molson Coors Cyberattack, Storms Could Cost Company $140 Million


Cyber Incident and Texas Storms Will Delay Between 1.8 and 2.0 Million Hectoliters of Beer Production and Shipments

Brewing giant Molson Coors said that a disruptive cyberattack, combined with winter storms in Texas, could cost the company upwards of $140 million in short-term EBITDA.

The maker of popular beer brands in the U.S., including Coors Light, Miller Lite, Molson Canadian, Blue Moon, Carling, Coors Banquet, and others, revealed on March 11 that a cyberattack severely disrupted several parts of its business, including brewery operations, production, and shipments.

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