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Medtronic says cyberattack on IT network has not disrupted operations

MDT
Cybersecurity & Data PrivacyHealthcare & BiotechCompany FundamentalsCorporate Guidance & Outlook

Medtronic said a cyberattack on its computer systems last week did not affect its products, patient service, or its ability to meet demand. The company also said the incident is not expected to materially impact business performance or financial results, reducing the risk of a near-term operational hit.

Analysis

Medtronic said a cyberattack on its computer systems last week did not affect its products, patient service, or its ability to meet demand. The company also said the incident is not expected to materially impact business performance or financial results, reducing the risk of a near-term operational hit.

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