Technology
Boston Scientific reports cyberattack disrupting global operations and order shipments
The medical device maker brought in outside experts to contain the breach while its stock dropped up to 6% following the disclosure.
The short version
- Medical device manufacturer Boston Scientific experienced a cyberattack that disrupted global operations, including customer order processing and shipping.
- The company discovered the breach on Tuesday and brought in external cybersecurity experts to investigate and contain the incident.
- Following the SEC disclosure on Wednesday morning, company shares dropped 5% to 6% in early trading.
- Boston Scientific stated that the timeline for full system and operational restoration remains unknown.
Key facts
- Boston Scientific disclosed in an SEC filing on Wednesday that a cyberattack uncovered on Tuesday is disrupting its global operations, information systems, and shipment services.[CNBC · CBS News]
- The company hired third-party cybersecurity specialists to investigate the breach and limit further threat activity.[CBS News]
- Boston Scientific shares dropped between 5% and 6% in premarket and early trading following the public disclosure.[CNBC · CBS News]
- Boston Scientific manufactures medical technologies including pacemakers, stents, cancer care equipment, and gastrointestinal detection tools.[CNBC · CBS News]