Boston Scientific Begins Restoring Shipping After Cyberattack
Boston Scientific (BSX) reported that it has started restoring shipping operations for most products across its major global distribution centers following a recent cybersecurity incident. The company's shares rose on Friday as the news indicated progress in mitigated disruptions caused by the attack. The cyberattack had previously impacted Boston Scientific’s ability to ship medical devices, raising concerns about supply chain reliability and operational continuity within the MedTech sector. Investors appeared optimistic that normal operations were returning, which contributed positively to stock performance.
Tickers: $BSX