Clorox Shares Slide After Company Says Cyberattack Hit Sales Hard

Clorox (CLX) Shares fell on Thursday after the company said a cyberattack disclosed in August significantly hurt sales in the prior quarter.

Clorox said that the cyberattack caused disruptions to its operations, including its ability to ship products to customers. The company said that the impact of the cyberattack was most severe in the North American region, where sales fell 10% in the third quarter.

Clorox also said that the cyberattack is expected to have a negative impact on its fourth-quarter results. The company said it is still assessing the full extent of the damage from the cyberattack, but it expects to take a charge of $100 million to $150 million in the fourth quarter.

The cyberattack at Clorox is the latest example of how cyberattacks can significantly impact businesses of all sizes. Businesses need to have a plan to protect themselves from cyberattacks and minimize the impact of an attack if it does occur.

The cyberattack at Clorox is a serious reminder of the importance of cybersecurity. Businesses of all sizes need to take steps to protect themselves from cyberattacks and to minimize the impact of an attack if it does occur.

Here are some tips for businesses to protect themselves from cyberattacks:

• Educate employees about cybersecurity best practices, such as creating strong passwords and spotting phishing emails.
• Install and maintain antivirus software and firewalls.
• Keep software up to date.
• Back up data regularly.
• Have a plan in place to respond to a cyberattack.

If a business does experience a cyberattack, it is important to contact law enforcement and cybersecurity experts immediately.