Cyberattack Halts Shipments From Japan's Biggest Brewer [Barron's]
SEVEN & I HLDGS UNSP/ADR (SVNDY)
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Source: Barrons
Asahi Group, producer of Japan's most popular beers, said Monday it had "experienced a system failure" owing to a cyberattack that forced the suspension of orders and shipments of various beverages -- including its flagship Asahi Super Dry. Advertisement - Scroll to Continue "No immediate recovery of our system is in sight at the moment. Ordinary shipments remain halted," a spokesperson, who declined to be named, told AFP on Friday. "Production is not directly affected (by the system dysfunction) but it has been halted because shipments are suspended." The company said it was looking into the possibility of a ransomware attack after announcing in Monday's statement that its local operations had been hit. The news is worrying for Japan's ubiquitous convenience stores, who are major stockists of Asahi beer. Advertisement - Scroll to Continue A spokesperson for Seven & I Holdings, which operates the 7-11 convenience store chain, said it was preparing to put up notices to w
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