BSX · News · 20260904N
Cybersecurity Incident Disruption
BOSTON SCIENTIFIC CORP · 2026-09-04 · Importance 57 · Surprise 60
A cyberattack that began on August 25, 2026 disrupted Boston Scientific’s global operations, including manufacturing, order processing, distribution, and shipments. The company said it is unlikely to meet its third-quarter and full-year 2026 sales and adjusted profit forecasts because of the incident. Systems and distribution networks have been substantially restored, but some systems remain affected and the full financial impact is still uncertain. Boston Scientific expects to provide a further update during its October 28, 2026 third-quarter earnings call while its investigation into the attack and potential data theft continues.
Key facts
- TD Cowen said Boston Scientific expects full system remediation in one to two weeks. source
- TD Cowen said Boston Scientific had experienced a 51% year-to-date decline due to the disruption. source
- TD Cowen reiterated a Buy rating and a $56.00 price target for Boston Scientific following the company's announcement that it has begun restoring shipping capabilities for most products after a cybersecurity incident. source