Johnson Controls Faces Cybersecurity Challenge

In the realm of cybersecurity, recent weeks have witnessed a flurry of noteworthy events that demand our undivided attention. It all began on a Wednesday not too long ago when Johnson Controls, a company boasting numerous federal agencies as its clients, made a startling revelation — it had fallen victim to a cyberattack. This cyber intrusion raised eyebrows due to the potential implications it could have on the company’s financial reporting. Johnson Controls, known for its pivotal role in building and energy management solutions, reported disruptions within its internal information technology infrastructure and applications. While the precise financial impact remains uncertain, the company is diligently evaluating whether this incident will hinder its ability to timely release its fourth-quarter and full fiscal year results. The stakes are high, especially considering the Department of Homeland Security’s interest in determining whether sensitive information, such as floor plans and security details, was compromised during the attack.

Clorox’s Shocking Earnings Warning

In yet another startling disclosure, Clorox, the household and consumer goods giant, confessed to a significant cybersecurity breach that occurred in the heat of August….Read More

Source — US Business News