Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Major Loss Following IT Attack - Demanding Compensation

» Updated: 07 October 2024, 12:01

» Published: 21 August 2024

Major Loss Following IT Attack - Demanding Compensation
Photo: Johan Nilsson/TT

Granngården estimates the consequential costs of the hacker attack on IT supplier Tietoevry to around 100 million kronor. The animal and gardening company is now preparing a lawsuit against Tietoevry.

"The incident has had extensive economic consequences for us and has been demanding for our customers and employees. We believe that Tietoevry in Sweden has contributed to this situation and acted grossly irresponsibly through inadequate security in their operations", writes Svenn Ivar Fure, CEO of Granngården's owner, Norwegian Felleskjøpet Agri, in a press release.

Several companies were affected as users of Tietoevry's IT system when it was hacked in January earlier this year.

For Granngården's part, sales were negatively affected due to deficiencies in, among other things, inventory systems, which caused products to run out in stores, according to the company.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

New Support Package in China after Trump's Election Victory
2 MIN READ

New Support Package in China after Trump's Election Victory

Households bought less in September
1 MIN READ

Households bought less in September

Stockholm Stock Exchange Opens on a Minus
1 MIN READ

Stockholm Stock Exchange Opens on a Minus

Significant Price Increase on the Housing Market
2 MIN READ

Significant Price Increase on the Housing Market

Mixed on Asian Exchanges
1 MIN READ

Mixed on Asian Exchanges

Christmas Sales Expected to Break Records
2 MIN READ

Christmas Sales Expected to Break Records

Still Happy Faces on Wall Street
1 MIN READ

Still Happy Faces on Wall Street

Trump in focus after expected Fed decision
2 MIN READ

Trump in focus after expected Fed decision

Divided on softer amortization requirements
2 MIN READ

Divided on softer amortization requirements

How much the banks lower the mortgage rate
1 MIN READ

How much the banks lower the mortgage rate

Higher costs hit SAS owner
1 MIN READ

Higher costs hit SAS owner

The Union Steps Up the Tesla Strike
1 MIN READ

The Union Steps Up the Tesla Strike

New French obstacles for Airbnb
1 MIN READ

New French obstacles for Airbnb

The Government Seeks Support for Those Affected by Northvolt
1 MIN READ

The Government Seeks Support for Those Affected by Northvolt

The regional tax will be raised next year
1 MIN READ

The regional tax will be raised next year

Astra Zeneca's China Chief Arrested by Police
1 MIN READ

Astra Zeneca's China Chief Arrested by Police

More rate cuts - but risk of turmoil with Trump
2 MIN READ

More rate cuts - but risk of turmoil with Trump

Svantesson: Trump's policy may increase inflation
2 MIN READ

Svantesson: Trump's policy may increase inflation

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Central Bank Economist: Central Bank Cuts Interest Rate Too Late
2 MIN READ

Central Bank Economist: Central Bank Cuts Interest Rate Too Late