It’s become increasingly common for cybercriminals to target high-profile organizations like Molson Coors. Brewing and adult beverage companies are under increasing attack, with Jack Daniel’s owner , Australia’s and Italy’s Licya Campari Group all falling victim in the past year.

Sources who indicated that the Molson Coors incident most likely involves ransomware. Molson Coors has remained relatively quiet about the attack so far, apart from filing a Form 8-K with the SEC on March 11. In the filing, Molson Coors notes that the attack “has caused and may continue to cause a delay or disruption to parts of the Company’s business.”

Without getting into too many specifics Molson Coors mentions brewery operations, production and shipping. That covers a good portion of its day-to-day business, so the impact of the attack could be substantial. The company operates 10 brewing facilities in North America and another 10 in Europe.

In its filing, Molson Coors states that it is “actively managing” the situation and “is working around the clock to get its systems back up as quickly as possible.”

Steep Cost of Disruption

Downtime related to a cyber incident can cost companies thousands of dollars every minute. A 2017 report pegged the figure at nearly $9,000.

There’s no avoiding downtime, either. Systems must be taken offline to limit the spread of the attack and kept offline until investigation and remediation can be completed. That can take days or even weeks depending on the complexity of the attack. Even the best-prepared networks will require some amount of downtime following a breach like this.

Even companies who choose not to pay their ransomers can wind up with millions of dollars in incident-related costs.

By lan