Hearing aid manufacturer hit by cyber attack slashes profits by $95 million

CERT-LatestNews Malware ThreatsCybercrime
Demant, the manufacturer of Oticon hearing aids, has said that it expects losses of up to 650 million kroner (approximately $95 million) following a cyber attack earlier this month. The company’s servers suffered what it described as a “critical incident” on September 3, disrupting the production and distribution of its products.