Molson Coors Cyberattack, Storms Could Cost Company $140 Million
By Mike Lennon on April 01, 2021 Cyber Incident and Texas Storms Will Delay Between 1.8 and 2.0 Million Hectoliters of Beer Production and Shipments Brewing giant Molson Coors said that a disruptive cyberattack, combined with winter storms in Texas, could cost the company upwards of $140 million in short-term EBITDA. The maker of popular beer brands in the U.S., including Coors Light, Miller Lite, Molson Canadian, Blue Moon, Carling, Coors Banquet, and others, revealed on March 11 that a cyberattack severely disrupted several parts of its business, including brewery operations, production,...