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By SecureWorld News Team
Wed | Sep 20, 2017 | 3:39 PM PDT

The cost of NotPetya at FedEx's European acquisition of TNT Express: $300M US Dollars. And the company's Q1 earnings statement says the damage to FedEx revenue is ongoing: 

"The worldwide operations of TNT Express were significantly affected during the first quarter by the June 27 NotPetya cyberattack. Most TNT Express services resumed during the quarter and substantially all TNT Express critical operational systems have been restored. However, TNT Express volume, revenue and profit still remain below previous levels."

FedEx said shortly after the NotPetya attack that it did not have cyber insurance and it expected the costs to be 'material.' That forecast certainly turned out to be true.

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