lost revenue News

Vermont Hospital Cyber Attack Cost Estimated at $1.5M a Day

A late October cyber attack on the computer systems of the University of Vermont Medical Center is costing the hospital about $1.5 million a day in lost revenue and recovery costs, its CEO said. The Oct. 28 attack crippled the …

Owners Project Stop & Shop Strike Cost Company About $100M in Losses

The owners of New England’s largest supermarket chain are projecting around $100 million in losses from the labor strike that ended Easter Sunday. Ahold Delhaize, the Dutch company that owns Stop & Shop, said the 11-day strike is expected to …

Delta System Failure Highlights Need for Airline Technology Upgrade

The failure of Delta Air Lines Inc.’s worldwide computer network this week spotlights the vulnerability of the information systems sustaining the biggest U.S. carriers, each of which has contended with major disruptions during the last year. Complex networks cobbled together …