Extracted from this filing and checked against the source text.
Cybersecurity Incidents
SEC 8-K Item 1.05
confidence 0.9
KEY TRONIC CORP disclosed a cybersecurity incident: unauthorized third party access to portions of its IT systems; threat actor accessed and exfiltrated limited data including some personally identifiable information. Impact: disruptions and limitation of access to business applications; halted domestic and Mexico operations for approximately two weeks; incurred $600,000 in expenses to date; expects material impact on financial condition and results of operations for fourth quarter ending June 29, 2024. Company determined it material. Discovered 2024-05-06.
- Nature
- unauthorized third party access to portions of its IT systems; threat actor accessed and exfiltrated limited data including some personally identifiable information
- Impact
- disruptions and limitation of access to business applications; halted domestic and Mexico operations for approximately two weeks; incurred $600,000 in expenses to date; expects material impact on financial condition and results of operations for fourth quarter ending June 29, 2024
- Materiality
- determined material
- Discovery
- 2024-05-06
Exact text from the filing
The Company believes that the impact to profit margins due to lost production for approximately two weeks in its domestic and Mexico operations and the incremental expense measures to recover from and remediate the cybersecurity incident will have a material impact on the Company's financial condition and results of operations during the fourth quarter ending June 29, 2024.
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