Friday, September 24, 2021

Brewery Maker Molson Coors suffers cyberattack

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Brewing giant Molson Coors revealed on Thursday that he had suffered a “cybersecurity incident” that disrupted the operation and production of beer.

In a Form 8K filed with the SEC today, Miller Coors said he was bringing in an outside forensic IT company to investigate the incident, but delays in shipments were likely as it works to bring its systems back online.

“The company is working around the clock to get its systems back on track,” Miller Coors wrote in a statement. “While the Company is actively managing this cybersecurity incident, it may and may continue to cause delays or disruptions in parts of the Company’s business, including its brewing, manufacturing and shipping operations.”

Molson Coors operates a large portfolio of beer products, including Coors and Miller brands, as well as Molson Canadian, Blue Moon, Peroni, Grolsch, Killian’s, and Foster’s.

The company has not provided further details about the incident, but some security experts call the incident a ransomware attack.

Commenting on the Miller Coors incident, Niamh Muldoon, a global data protection officer with OneLogin, said the attack showed how cybercriminals were targeting high-level organizations to disrupt important business operations and operations.

“Ransomware always are a threat for cybersecurity worldwide and is the only cybercrime with the highest returns value associated with it, by seizing victims system then demand ransom by paying money,”

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Priyanshu Vijayvargiya
Founder and Editor-in-Chief of 'Virtualattacks Inc' Priyanshu Vijayvargiya is a cybersecurity analyst, Information Security professional, developer, and a white hat hacker.

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