cyber
confidence high
sentiment negative
materiality 0.65
Radiant Logistics ransomware incident on Dec 8 disrupts operations; recovery expected in a week
RADIANT LOGISTICS, INC
- Ransomware detected Dec 8, 2021, impacting operational and IT systems and causing customer service delays.
- Company engaged cybersecurity and forensics professionals; notified law enforcement.
- Systems recovery efforts largely complete in the coming week; all locations currently operational.
- Incident may cause deferral or loss of revenue and incremental costs, potentially impacting financial results.