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CompuCom Expects $28 Million Loss From Cyber Incident


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The ODP Corp. reports it has suffered a loss of about $28 million due to a March 1 cyber incident at its business services and supplies subsidiary, CompuCom, that forced the company to shut down some of its operations.
ODP, which also operates the office supply retailer Office Depot, noted the loss in a Securities and Exchange Commission 8-K filing on March 26, but it did not describe the type of cyber incident that took place or the malware involved other than to say that CompuCom s systems were affected and had still not recovered from the attack.
The company estimates the loss of revenue to be between $5 million and $8 million as a result of the incident (primarily because of CompuCom s need to temporarily suspend certain services to certain customers), ODP says. ....

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