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Stoli's US businesses file for bankruptcy protection after ransomware disrupts operations

First reported · Last reported · 6 related reports

Stoli's US businesses suffered operational disruption from a ransomware attack and data breach in August. With the ERP system paralysed, internal work such as accounting had to be done manually. The cyber-attack and financial difficulties contributed to the bankruptcy protection filing.

Key facts

Affected organisation
Stoli
Incident type
Ransomware
Occurred / detected
Not confirmed
Scale of damage
Data breach and ERP paralysis disrupting internal operations such as accounting
Cause / method
Ransomware attack
Location
United States

Timeline

  1. It emerged that Stoli's US businesses had filed for bankruptcy protection due to a cyber-attack and financial difficulties.
  2. It was disclosed that the August ransomware attack and data breach had paralysed the ERP system, forcing internal work to be handled manually.

6 related reports

The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.