Cyber attack to cost Maersk more than $50m

A cyber attack that shutdown AP-Moller-Maersk’s systems could cost in excess of $50m in lost cargo bookings, analysts say. 

The estimate from Alphaliner is based on the cargo that was diverted to other carriers after the Danish carrier was forced to shut down its communications and operating infrastructure on 27 June.

The attack affected Maersk Line and its associated carriers, including Safmarine, MCC Transport, SeaLand, and Seago Line, as well as the Damco’s logistics business.