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Tech Stocks to Buy in India Proven Market Strategies ✌️【Investment Advice】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. The hackers hit Blue Yonder — an Arizona-based software firm acquired by Panasonic in 2021 — affecting a private cloud computing service the company provides some customers, but not the company’s public cloud environment.
Tech Stocks to Buy in India Proven Market Strategies ✌️【Investment Advice】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. A Blue Yonder spokesperson did not answer questions about which clients were affected, including those in the United States. But messages Blue Yonder sent to customers 【 - Free Exclusive Stock Market Insights 】 reviewed show the company is scrambling to work with US-based clients to mitigate any impacts on customers.
“On November 21, 2024, Blue Yonder experienced disruptions to its managed services hosted environment, which was determined to be the result of a ransomware incident,” Blue Yonder said in an initial public statement on Friday. The company said in an updated statement on Saturday it was making “steady progress” in its recovery but still did not have a “timeline for restoration.”
Immediate impact was felt in the United Kingdom, where two of the four biggest grocery chains told 【 - Free Exclusive Stock Market Insights 】 they were taking steps to deal with the outage.
“We have reverted to a backup process but the outage has caused the smooth flow of goods to our stores to be impacted,” said a spokesperson for Morrisons, which has nearly 500 grocery stores across the United Kingdom.
Tech Stocks to Buy in India Proven Market Strategies ✌️【Investment Advice】✌️ Free expert stock trend predictions to help you identify high-potential stocks and maximize returns. With real-time global market indices, futures, metals, energy, and agricultural product data, our platform enables you to make informed investment decisions. A spokesperson for Sainsbury, another big UK grocery chain, told 【 - Free Exclusive Stock Market Insights 】 it had “contingency processes in place” to deal with the Blue Yonder outage.
Tech Stocks to Buy in India Proven Market Strategies ✌️【Investment Advice】✌️ Real-time stock market predictions and analysis, offering precise advice on top-performing stocks to help you seize the best opportunities for growth. Gain access to expert insights and global market data to make timely investment decisions. Some of the biggest US grocery chains use Blue Yonder, including Albertsons — the parent company of chains like Safeway and Jewel-Osco — and Kroger, the parent company of chains like Ralphs and Fred Meyer. Albertsons and Kroger did not immediately respond to 【 - Free Exclusive Stock Market Insights 】’s request for comment
Other major corporations that have used Blue Yonder products or services include Proctor & Gamble and Anheuser-Busch, according to Blue Yonder press statements. Neither company responded to requests for comment.
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