Security News > 2024 > February > Clorox says cyberattack caused $49 million in expenses
Clorox has confirmed that a September 2023 cyberattack has so far cost the company $49 million in expenses related to the response to the incident.
On August 11th, Clorox suffered a cyberattack that caused significant disruption in the company's operation, leading to lowered production and decreased availability of consumer products.
In an earnings report filed with the SEC on Thursday, Clorox disclosed it incurred $49 million in expenses related to the cyberattack by the end of 2023.
"The costs incurred relate primarily to third-party consulting services, including IT recovery and forensic experts and other professional services incurred to investigate and remediate the attack, as well as incremental operating costs incurred from the resulting disruption to the Company's business operations," reads the Clorox 2024 Q2 Quarterly report.
The company has acknowledged that they are still working to recover from the attack but expects to incur lessening costs related to the cyberattack in the future.
While Clorox has not provided many details about their attack, Bloomberg reported that it is believed to have been conducted by the hacker collective known as Scattered Spider.