secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCE AUTO PARTS INC (AAP)
CIK:        0001158449
Form:       8-K
Filed at:   2024-06-14T23:59:59+00:00
Accession:  0001158449-24-000162
Event type: cyber
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Advance Auto Parts discloses data breach exposing SSNs of employees and applicants
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- Unauthorized activity detected May 23 in third-party cloud database; criminal actor offered data for sale June 4.
- Compromised files contain personal info including SSNs or government IDs of current/former applicants and employees.
- No material business interruption; company will notify affected individuals and offer credit monitoring.
- Expects ~$3 million expense in Q2 ending July 13, 2024 for response costs, largely covered by cyber insurance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158449/000115844924000162/0001158449-24-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158449/000115844924000162/aap-20240523.htm
  HTML page:      https://secwatch.observer/filing/0001158449-24-000162

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