📊Executive Summary

Masimo has reported a cyberattack that has disrupted its manufacturing operations, leading to slower production and fulfillment of customer orders. The company identified unauthorized activity within its network on April 27, resulting in manufacturing facilities operating below normal levels. Although the investigation is ongoing, Masimo believes that the attack has not affected its cloud-based hospital data systems or compromised any employee or patient data. Additionally, the company has adjusted its financial guidance, lowering its expected operating profits due to tariffs. Procurement teams should be aware of potential delays in order fulfillment and consider the implications of the cyberattack on supply chain operations....