WPP Working to Return to Normal After Cyberattack
June 28 2017 - 6:39AM
Dow Jones News
By Rory Gallivan
LONDON-- Advertising giant WPP PLC (WPP.LN) said Wednesday it
was working to return to normal operations after being hit by a
global cyberattack Tuesday.
The London-listed company, which revealed the problems in a
stock-exchange announcement Tuesday, said Wednesday that some but
not all of its companies were affected by the attack.
Businesses across Europe and the U.S. were hit by an attack,
which has been nicknamed "Petya", that appeared to stem in part
from an obscure Ukrainian tax software product.
WPP said it is working "to take all appropriate precautionary
measures, restore services where they have been disrupted, and keep
the impact on clients, partners and our people to a minimum."
Many of WPP's businesses are experiencing no or minimal
disruption, it said.
Shares at 1002 GMT, up 7 pence, or 0.4%, at 1,648 pence valuing
the company at GBP20.89 billion.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
(END) Dow Jones Newswires
June 28, 2017 06:24 ET (10:24 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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