Geopolitics Alpha

'All this food is now useless': Piles of rubbish after shop freezers hit by cyber-attack

Published . Updated .

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'All this food is now useless': Piles of rubbish after shop freezers hit by cyber-attack

Dozens of supermarkets in seven European countries dumped huge quantities of food after refrigerators and freezers were targeted in a cyber-attack.

Directly affected

  • No company is named in this report.

Indirectly affected

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).

  • EFA iShares MSCI EAFE ETF-0.7% 6d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe, which this story is about.

  • FEZ SPDR EURO STOXX 50 ETF-1.8% 5d

    SPDR EURO STOXX 50 ETF holds stocks listed in Europe, which this story is about (“european”).

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
VGK-1.12%-0.25%base+0.59%+0.05%+2.96%+0.96%
EFA-0.43%+0.34%base+0.33%-0.25%+2.29%-0.65%
FEZ-0.43%+0.81%base+0.58%+0.32%+3.67%+1.40%

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Dozens of supermarkets in seven European countries dumped huge quantities of food after refrigerators and freezers were targeted in a cyber-attack.

Source: BBC

Defense

CompanyWhenMoveStatus
EFAthat day+0.33%final price
EFAthe next day-0.25%final price
EFAtwo days later+2.29%final price
EFAthree days later-0.65%final price
EFAthree days earlier+0.34%final price
EFAfive days earlier-0.43%final price
FEZthat day+0.58%final price
FEZthe next day+0.32%final price
FEZtwo days later+3.67%final price
FEZthree days later+1.40%final price
FEZthree days earlier+0.81%final price
FEZfive days earlier-0.43%final price
VGKthat day+0.59%final price
VGKthe next day+0.05%final price
VGKtwo days later+2.96%final price
VGKthree days later+0.96%final price
VGKthree days earlier-0.25%final price
VGKfive days earlier-1.12%final price

Defense

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the defense case looks

12 out of 100

“'All this food is now useless': Piles of rubbish after shop freezers hit by cyber-attack” scores 12 out of 100. The score uses 1 sources.