Boston Scientific disclosed Wednesday that a cyberattack detected the previous day is disrupting its global operations, including its ability to process and ship customer orders.
The company identified the incident on Tuesday, August 25, and activated its incident response protocols, bringing in third-party cybersecurity experts to ****** s and contain the threat, the company said. The full scope of the attack, including its operational and financial impact, remains unknown, and Boston Scientific said it has not yet determined whether the incident is likely to have a material effect on the company.
"While the company is working diligently to restore affected functions and systems access, the timeline for a full restoration is not yet known," the filing said.
Boston Scientific stock fell 5.8% in premarket trading Wednesday.
The cyberattack comes at a difficult moment for the Marlborough, Massachusetts-based company. Boston Scientific stock had already lost close to half its value this year heading into Wednesday's disclosure, according to CNBC, pressured by investor concern following a disappointing profit outlook issued earlier in the year.

#incident