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UPDATE 1-Maersk says too early to predict financial impact of cyber attack [Reuters]

WPP PLC AMERICAN DEPOSITARY SH (WPPGY)  More Company Research Source: Reuters
PDF Maersk says too early to predict financial impact of cyber attack SHANGHAI Maersk said it was too early to predict the financial impact of last month's global Petya cyber attack that hit the shipping giant's computers and delayed cargoes, but added that normal operations had resumed at its ports. A.P. Moller-Maersk, Danish owner of the world's biggest container shipping line, operates 76 ports via its APM Terminal division and was one of the many firms hit by the ransomware virus along with Russia's Rosneft and advertising agency WPP. For the shipping sector, this was among the biggest-ever disruptions given Maersk handles one out of seven containers shipped globally. "Our first priority has not been to look at the financial impact," Robbert van Trooijen, Maersk's Asia Pacific chief executive told reporters on a call. "It is too early to predict what the impact will be on the quarter-two, or potentially the quarter-three result." The attack did not impact Maersk's physical loading of [Read more]

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