All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Fairlife resumes production at 4 US plants after cyberattack

Created at 27 Jul · 11:09 AM1 source↑ Market-relevant
IN SHORT

Coca-Cola announced that its subsidiary Fairlife has resumed most production at four U.S. facilities following a ransomware attack that had temporarily suspended operations. The full impact of the incident is still under investigation.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

4US facilities resuming production

Who's Involved

Fairlife
Coca-Cola subsidiary that resumed production after cyberattack
Coca-Cola
Parent company providing updates on Fairlife's operations
Monica Howard Douglas
Executive Vice President and Global General Counsel of Coca-Cola
Fairlife resumes production at 4 US plants after cyberattack

↳ Why This Matters

The resumption of production at Fairlife's U.S. plants signals a step towards normalcy after a significant cyberattack, impacting supply chains for a major beverage subsidiary and highlighting the ongoing risks of ransomware in industrial operations.

Key facts

  • Fairlife, a Coca-Cola subsidiary, has resumed most production at four U.S. plants.
  • Operations were halted due to a ransomware attack that compromised production-related systems.
  • Product quality and safety were not impacted.
  • Canadian operations were not affected by the incident.
  • An investigation into the full scope and impact of the cyberattack is ongoing.

Coca-Cola announced that Fairlife, its dairy subsidiary, has resumed a majority of production at four of its U.S. facilities. Operations had been temporarily suspended following a ransomware event that led to unauthorized access to parts of Fairlife's systems, including those related to production. The company stated that product quality and safety were not impacted, and Canadian operations remained unaffected. Coca-Cola engaged external cybersecurity experts and notified law enforcement to investigate the full scope and impact of the incident. The distinction between whether the ransomware affected operational technology (OT) on the plant floor or only business IT systems is crucial for determining the recovery timeline and severity of the disruption. Cybersecurity researchers noted that the financial impact could be significant due to lost output and delayed shipments, regardless of the specific systems compromised.

Frequently asked questions

Fairlife experienced a ransomware event that led to unauthorized access to its production-related systems, causing a temporary suspension of U.S. operations.

Fairlife has resumed a majority of production at four of its U.S. facilities, but the full restoration is still in progress.

Coca-Cola stated that product quality and safety were not impacted by the incident.

No, Fairlife's Canadian production operations were not impacted by the cyberattack.

What Happens Next

01The investigation into the full scope, nature, and impacts of the incident is ongoing.
02Coca-Cola is working to restore systems and impacted operations.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

Fairlife identified unauthorized access by a third party to its systems, including production-related systems, due to a ransomware event.
Production operations at all U.S. Fairlife facilities were temporarily suspended.
Canadian operations and product safety were unaffected.
Coca-Cola engaged outside cybersecurity advisors and notified law enforcement.
Fairlife resumed a majority of production at four of its U.S. facilities.

Sources

T1
Coca-Cola says fairlife resumes production at 4 US plantsReuters
T2
The Coca-Cola Company Announces Technology Disruption Involving ...investors.coca-colacompany.com
T2
Fairlife Ransomware Attack Stops All US Milk Production: IT-OT Breach ...techtimes.com

Related Stories

Infant formula maker insists product safe after recalls
26 Jul · 1:15 PM
Brown-Forman board rejects Sazerac takeover proposal
26 Jul · 11:01 PM
Varta files for insolvency as German battery maker’s crisis deepens
27 Jul · 11:31 AM
Indorama Ventures partners with Republic Cement for waste reduction
27 Jul · 10:30 AM
Toys R Us Japan targets 'kidult' market with Chinese imports
27 Jul · 5:36 AM