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- Boston Scientific was hit with a cyberattack that is affecting its operations, the company said Wednesday in an SEC filing.
- The attack is continuing to disrupt the company’s ability to ship products, and it’s not clear when services will be restored.
- Shares were down on Wednesday after the disclosure.
The company flag flies in front of Boston Scientific Headquarters in Natick, Massachusetts.JB Reed | Bloomberg | Getty Images
Boston Scientific said Wednesday it was hit with a cyberattack this week that is affecting its operations. The disclosure sent shares of the $72 billion medical device maker lower.
The attack is disrputing Boston Scientific’s access to company information systems and applications, including shipments services, the company said in a SEC filing.
“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.
Shares were down 3.5% in premarket trading on Wednesday. Shares of the maker of devices such as pacemakers and stents have been nearly cut in half already this year, under pressure after issuing a weak profit forecast in the first quarter.
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