2021-03-11 MOLSON COORS BEVERAGE CO Cybersecurity Incident

Page last updated on April 11, 2024

MOLSON COORS BEVERAGE CO initially disclosed a cybersecurity incident in an SEC 8-K filing on 2021-03-11 09:06:41 EST.

Incident Details

Material: Unknown
Is Breach: Unknown
Records Compromised: Unknown
Data Types Impacted: No Data Types Tracked (yet)

Compromised Date:
Detected Date:
Disclosure Date: 2021-03-11
Contained Date:
Recovered Date:

Attack Goal: Unknown

Costs: No Costs Tracked (yet)

Filings

8-K filed on 2021-03-11

MOLSON COORS BEVERAGE CO filed an 8-K at 2021-03-11 09:06:41 EST
Accession Number: 0001104659-21-034789

Item 8.01 Other Events.

On March 11, 2021, Molson Coors Beverage Company (the “Company”) announced that it experienced a systems outage that was caused by a cybersecurity incident. The Company has engaged leading forensic information technology firms and legal counsel to assist the Company’s investigation into the incident and the Company is working around the clock to get its systems back up as quickly as possible.

Although the Company is actively managing this cybersecurity incident, it has caused and may continue to cause a delay or disruption to parts of the Company’s business, including its brewery operations, production, and shipments. In addition to the other information set forth in this report, one should carefully consider the discussion on the risks and uncertainties that cybersecurity incidents and operational disruptions to key facilities may have on the Company, its business and financial results contained in Part I, “Item 1A. Risk Factors” in its 2020 Annual Report on Form 10-K, filed with the SEC on February 11, 2021.

8-K filed on 2021-03-26

MOLSON COORS BEVERAGE CO filed an 8-K at 2021-03-26 17:16:28 EDT
Accession Number: 0001157523-21-000389

Item 7.01 Regulation FD Disclosure.

On March 26, 2021, Molson Coors Beverage Company issued a press release reaffirming its key financial guidance for fiscal year 2021 and providing an update on the impact on the cybersecurity incident previously disclosed on March 11, 2021 and the February 2021 winter storms in Texas. A copy of the related press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

This information, including Exhibit 99.1, will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that section, and it will not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Exhibit No.

News Release of Molson Coors Beverage Company, dated March 26, 2021

Company Information