Cencora Stock Plummets 32.15% in Trading Volume Ranking 316th Amid Cybersecurity Concerns

On May 1, 2025, cencora (COR) experienced a significant decline, with its trading volume dropping by 32.15% to 3.21 billion, ranking 316th in the day's market activity. The stock price fell by 0.77%.

Cencora's stock price decline may be attributed to the broader market sentiment and the recent cybersecurity incidents that have affected various sectors. The Pro-Russia hacktivist group NoName057(16) has been targeting Dutch organizations with large-scale DDoS attacks, as reported by the country's National Cyber Security Center (NCSC). This cyber threat has raised concerns about the vulnerability of critical infrastructure and the potential impact on businesses operating in the region.

Additionally, the FBI has shared a list of 42,000 phishing domains associated with the LabHost PhaaS platform, which was shut down in April 2024. This move aims to boost awareness and help identify compromises, highlighting the ongoing threat of cybercrime and the need for vigilance in protecting sensitive information.

In the energy sector, Canadian electric utility nova Scotia Power and its parent company Emera have suffered a cyberattack that disrupted their IT systems and networks. This incident underscores the growing risk of cyber threats to critical infrastructure and the potential disruption to essential services.

SonicWall has confirmed that threat actors are actively exploiting two vulnerabilities impacting its SMA100 Secure Mobile Access (SMA) appliances. This development raises concerns about the security of remote access solutions and the potential for unauthorized access to corporate networks.

Furthermore, SonicWall has warned that a recently fixed access control flaw, tracked as CVE-2024-40766, in SonicOS is now potentially being exploited in attacks. This vulnerability, with a CVSS v3 score of 9.3, poses a significant risk to organizations using SonicWall's security solutions.