Key Terms
ransomware event
technical
A ransomware event is a cyberattack in which criminals encrypt or lock a company’s data, systems, or devices and demand payment for a decryption key or to prevent public release of stolen information. It matters to investors because such an attack can interrupt operations, reduce revenue, increase recovery and legal costs, trigger regulatory penalties, and harm reputation—similar to a hijacker locking a factory gate and holding output and records hostage.
incident response
technical
Incident response is the organized process a company uses to detect, investigate, contain and recover from a security breach, data loss, operational outage or other urgent problem. For investors, it shows how quickly a firm can limit financial and reputational damage, restore normal operations and meet legal or disclosure duties — like an emergency crew that protects a building’s value and occupants when a fire breaks out.
business continuity
technical
Business continuity is the set of plans and actions a company uses to keep essential operations running during disruptions like natural disasters, cyberattacks, or supply problems — think of it as a backup plan or spare tire for the business. Investors care because strong continuity reduces the chance of lost revenue, surprise costs, and long outages, which helps protect cash flow, reputation, and the value of their investment.
forward-looking statements
regulatory
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company’s outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
form 10-k
regulatory
A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company’s financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company’s performance and make informed decisions about buying or selling its stock.
form 10-q
regulatory
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company’s performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.
The Coca-Cola Company today announced that fairlife, LLC, a dairy company owned by Coca-Cola, identified unauthorized access by a third party to a portion of its systems, including its production-related systems, in connection with a ransomware event.
After detecting the issue, the company promptly activated its incident response and business continuity protocols. The company’s investigation and assessment of the impact of the incident is ongoing, with the assistance of outside advisors and cybersecurity experts. The company has also notified law enforcement. The full scope, nature and impacts of the incident are not yet known.
Product quality and safety have not been impacted. However, as a result of the incident, production operations at fairlife in
The company is working diligently to complete the investigation and restore the systems and impacted operations.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and Santa Clara. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.
Forward-Looking Statements
This document includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, the words “believe,” “opportunity,” “ahead,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will” and similar expressions identify forward-looking statements, which generally are not historical in nature. All statements other than historical facts are forward-looking statements. These forward-looking statements are based on management’s current beliefs, assumptions, and expectations regarding future events, which in turn are based on information currently available. Such statements may relate to The Coca-Cola Company’s investigation of and remediation efforts related to the cyber incident; the current understanding regarding the extent of the incident; the scope of systems, data or other technology that was accessed by the unauthorized third party and the impacts of the incident; the disruption to business operations; and the impact of the cyber incident on the Company including our financial condition and results of operations, among other matters. We caution you not to place undue reliance on any such forward-looking statements. Forward-looking statements do not guarantee future outcomes and involve known and unknown risks, uncertainties, and other factors discussed in detail in our filings with the Securities and Exchange Commission (“SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2025, and our subsequently filed Quarterly Reports on Form 10-Q, which are available from the SEC. The Coca-Cola Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260716284176/en/
Investors and Analysts:
Todd Beiger
koinvestorrelations@coca-cola.com
Media:
Scott Leith
sleith@coca-cola.com
Source: The Coca-Cola Company
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