cyber
confidence high
sentiment negative
materiality 0.40
LKQ reports cyber incident at Canadian business unit; operations disrupted, deemed non-material
LKQ CORP
- Detected unauthorized access to IT systems of a single Canadian business unit on Nov 13, 2024.
- Operations disrupted for a few weeks; business unit now operating near full capacity.
- Company believes incident is not material to financial condition or results for fiscal year.
- Seeking reimbursement from cybersecurity insurers; timing and amount unknown.
- No other businesses impacted; containment measures taken with law enforcement notified.