Pitney Bowes Shares Close Higher After Company Discloses Malware Attack
E-commerce and shipping solutions provider Pitney Bowes acknowledged a cyberattack but said critical data wasn't compromised.
Pitney Bowes (PBI) - Get Pitney Bowes Inc. Report shares closed higher Monday after the e-commerce and shipping solutions provider said it was hit by a cyberattack.
The Stamford, Conn., company, with clients including 90% of the Fortune 500, said that a malware attack "encrypted information on some systems and disrupted customer access to some of our services."
But Pitney Bowes also said in a Monday statement that it saw "no evidence that customer or employee data has been improperly accessed."
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Systems in the affected areas are being restored by a third-party consultant the company employed, Pitney Bowes said.
Pitney Bowes shares finished up 1.4% at $4.46. They traded on Monday as low as $4.28, down 2.7%, and as high as $4.50, up 2.2%.
