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Danish firm to lose nearly $100 million due to cyber attack

Posted On: Oct. 3, 2019 6:15 AM CST

Demant hearing aids

Danish hearing aid manufacturer Demant A/S expects to lose nearly £80 million ($98 million) to a cyber attack that hit the company in early September, SC Magazine reported. "The impact is predominately related to the estimated lost sales and weakening of growth momentum," the company said.

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