Cyber attack could cost Maersk US$300m
Maersk has announced that the June NotPetya cyberattack could cost the company up to US$300m, but remains upbeat after underlying profit nearly tripled year-on-year.
The damage caused by NotPetya is estimated to fall between US$200m and US$300m, the majority of which will come out of Maersk’s third quarter profits due to the delayed impact on volumes and IT.
In its second quarter results the company posted a net loss of US$269m largely due to lower asset valuations in Maersk Tankers, which it plans to sell.
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