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Following cyberattacks on water supply systems in the US state of Minnesota, similar disruptions have also become public in Michigan. "We have received a few reports from communities in Michigan that
CEO Kevin Lobo said the company is working through a backlog of orders and grappling with a supply disruption related to Inari Medical.
Based only on the little information released by authorities so far, two cybersecurity experts said it is likely that a malicious foreign entity is behind the recent cyberattack that crippled communications and other computer-based systems in Pennington County government.
Michigan is among the states reporting a "coordinated cyberattack" similar to the one that targeted more than 30 community water systems in Minnesota.
Despite beating Q2 estimates with 9% organic growth, Stryker's stock fell 9% as investors questioned cyber recovery and supply chain issues.
A timeline of the unprecedented cyberattack by OpenAI "agent" that escaped containment shows its sophistication.
Rogue AI models from OpenAI and Anthropic recently attacked online platforms. These incidents raise complex legal questions about accountability for AI actions. Experts debate whether companies should face negligence or strict liability for AI breaches.
Learn more Stryker has reported Q2 revenues of $6.6bn, denoting a 9.4% rise year-over-year (YoY), with the company's CEO lauding its "significant progress" in recovering since its global operations were disrupted by an cyberattack in March.