Beverage giant Molson Coors disclosed that they have been a victim of a suspected ransomware incident that has disrupted its operations and beer production.
The company has filed with the Securities and Exchange Commission (SEC) claiming that they had experienced a “systems outage caused by a cybersecurity incident” which it was in the process of managing.
They have engaged leading forensic information technology firms and legal counsel to assist with the investigation and is working around the clock to get its systems back up as quickly as possible.
Even though the firm is actively managing this cybersecurity incident, it has caused and may continue to cause a delay or disruption to parts of the company’s business, including its brewery operations, production and shipments.
More details regarding the attack are not provided but the systems outage, delays and disruption as reported in the filing might indicate the presence of ransomware.
The firm, famous for brands such as Coors, Miller Lite, Molson Canadian, Blue Moon, Peroni, Grolsch, Killian’s, and Foster’s had a revenue of over $10bn in 2019.