WestRock (WRK) Reports Ransomware Incident
Get Alerts WRK Hot Sheet
Overall Analyst Rating:
BUY (

Dividend Yield: 1.8%
EPS Growth %: -3.0%
Join SI Premium – FREE
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
WestRock Company (NYSE: WRK) today announced that on Jan. 23, 2021, the Company detected a ransomware incident impacting certain of its operational and information technology systems.
Promptly upon its detection of the incident, the Company initiated response and containment protocols. The Company’s security teams, supplemented by leading cyber defense firms, are working to remediate this incident. The Company has notified law enforcement and reached out to its customers to apprise them of the situation.
Systems recovery efforts are in process and being implemented as quickly as possible, and teams are working to maintain the Company’s business operations and to minimize the impact on its customers and teammates.
Although WestRock is actively managing this incident and will continue to do so, it has caused and may continue to cause delays in parts of the Company’s business and may result in a deferral or loss of revenue and incremental costs that may adversely impact WestRock’s financial results.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UPDATE: Mizuho Securities Starts Ameren Corp (AEE) at Neutral (correction)
- Kohl's (KSS) Sends Letter to Shareholders Featuring a Q&A with CEO Michelle Gass and CFO Jill Timm
- Allegiant (ALGT) Reports March 2021 Traffic
Create E-mail Alert Related Categories
Corporate News, Hot Corp. NewsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!