cyber
confidence high
sentiment negative
materiality 0.65
HEICO reports cybersecurity incident with data theft; believes no material financial impact
HEICO CORP
- Incident discovered March 2, 2023; contained promptly; affected IT systems substantially restored.
- Incident involved theft of internal business documents; data posted on dark web April 7, 2023.
- Company believes no material impact on fiscal Q2 ending April 30, 2023 or FY ending October 31, 2023.
- Company is investigating with third-party cyber firms and has notified law enforcement.
- Company is complying with legal obligations and making appropriate notifications.