Boston Scientific hit by cyberattack, global operations affected
The Marlborough-based medical device maker said it detected the incident on August 25 and had activated incident-response procedures, working with third-party…
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Summary
Evercore ISI analyst Vijay Kumar said Stryker’s cybersecurity incident earlier this year took about three weeks to resolve and assuming a similar recovery timeline, Boston Scientific could face a roughly 600 to 700 basis-point impact on third-quarter revenue. The incident is the latest in a series of cyberattacks to hit the health care sector, with medical device makers Abbott Laboratories, Stryker and Medtronic, health insurer Clover Health, drugmaker Novo Nordisk and drug-delivery equipment supplier West Pharmaceutical Services among those recently hit.
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Evercore ISI analyst Vijay Kumar said Stryker’s cybersecurity incident earlier this year took about three weeks to resolve and assuming a similar recovery timeline, Boston Scientific could face a roughly 600 to 700 basis-point impact on third-quarter revenue.
according to The Boston GlobeThe incident is the latest in a series of cyberattacks to hit the health care sector, with medical device makers Abbott Laboratories, Stryker and Medtronic, health insurer Clover Health, drugmaker Novo Nordisk and drug-delivery equipment supplier West Pharmaceutical Services among those recently hit.
according to The Boston Globe
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