Share on LinkedInShare on LinkedIn

ARTICLE · 18 MARCH 2021

Brews, Booze, And Data Breaches

Friday afternoon, news sources reported that Molson Coors Beverage Company notified the Securities and Exchange Commission about an ongoing data breach that had delayed and disrupted...

United StatesCorporate/Commercial Law

Friday afternoon, news sources reported that Molson Coors Beverage Company notified the Securities and Exchange Commission about an ongoing data breach that had delayed and disrupted, "the Company's business, including its brewery operations, production, and shipments."

This follows a series of hacks through the Microsoft Email Exchange software, and after the Campari Group fell victim to a data each last November.

It is becoming increasingly clear that American companies of all sizes and industries are targets for (and vulnerable to) this kind of cybersecurity hacking, both directly and through vendors. And beverage companies have been no exception to this trend. The all-in business and legal costs associated with such breaches regularly reach into the millions of dollars according to the Ponemon Institute's most recent study.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from