Frenzy Ensues as Clorox Products Vanish Amid Cyberattack Chaos

Clorox revealed on Monday that a cyberattack has inflicted significant disruptions on the company's operations, impeding its production of cleaning materials. As a result, Clorox has been unable to adequately meet consumer demand, leading to a shortage of certain products. Although Clorox did not disclose the specific items impacted by the cyberattack.

In a regulatory filing on Monday, the company disclosed the discovery of unauthorized activity in its information technology systems in August. Clorox swiftly responded by taking measures to halt the attack and minimize its impact. The company now confirms that the breach has been successfully controlled.

However, Clorox continues to face challenges in restoring its manufacturing operations to their full capacity. Currently, the company is manually fulfilling and processing orders. The company anticipates that the restoration of normal operations will commence next week.

Clorox has already restarted production at most of its manufacturing sites and anticipates a gradual increase in production until reaching full capacity. The company stated that it is currently unable to determine the duration required to resume normal operations completely.

According to Clorox, the cyberattack and resulting delays will have a significant impact on its financial performance for the current quarter. However, assessing the long-term effects would be premature, given the ongoing recovery process.

Clorox (CLX) experienced a premarket trading drop of over 2%. The company produces various popular household essentials such as bleach, detergents, and cleaners.

In a similar manner, MGM Resorts faced a suspected cyberattack last week, disrupting its operations extensively. This incident resulted in guests being unable to make room charges and access their rooms using their digital keys.