Vodka maker Stoli says August ransomware attack contributed to bankruptcy filing

In August 2024, Stoli Group experienced a data breach and ransomware attack that severely disrupted its enterprise resource planning (ERP) and internal systems, forcing manual accounting and operational processes and contributing to bankruptcy filings by Stoli Group USA and Kentucky Owl; systems are expected to be restored no earlier than Q1 2025. The company has not publicly attributed the attack to any ransomware gang nor disclosed a ransom payment, and the filing also highlights separate financial and legal pressures related to disputes with Russian authorities.