FedEx Goes Cyber Insurance Shopping After Profit Takes Hit from Attack

Package delivery company FedEx Corp. said on Tuesday a June cyber attack on its Dutch unit slashed $300 million from its quarterly profit, and the company lowered its full-year earnings forecast. The company said the cyber attack slashed 79 cents …
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FedEx Goes Cyber Insurance Shopping After Profit Takes Hit from Attack was originally posted by ClaimsMate.com Insurance Information Resources