Frontier Communications discloses cybersecurity incident with unauthorized access to IT systems

Frontier Communications Parent, Inc.

On April 14, 2024, Frontier detected a third-party cybercrime group gained unauthorized access to portions of its IT environment.
Containment measures, including system shutdowns, resulted in operational disruption that could be considered material.
The breach involved access to personally identifiable information; the company engaged experts and notified law enforcement.
Frontier believes the incident is contained, core IT restored, and does not expect a material impact on financial condition or results.

Key facts

Extracted from this filing and checked against the source text.

Cybersecurity Incidents SEC 8-K Item 1.05 confidence 0.9

Frontier Communications Parent, Inc. disclosed a cybersecurity incident: Third party gained unauthorized access to portions of information technology environment; likely a cybercrime group; accessed personally identifiable information. Impact: Operational disruption from containment measures could be considered material; core IT environment restored; does not believe incident is reasonably likely to materially impact financial condition or results of operations. Company determined it not material. Discovered 2024-04-14.

Nature: Third party gained unauthorized access to portions of information technology environment; likely a cybercrime group; accessed personally identifiable information
Impact: Operational disruption from containment measures could be considered material; core IT environment restored; does not believe incident is reasonably likely to materially impact financial condition or results of operations
Materiality: not material
Discovery: 2024-04-14

Exact text from the filing

The Company does not believe the incident is reasonably likely to materially impact the Company’s financial condition or results of operations.

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2 cybersecurity incidents filed in the last 30 days. Browse all cybersecurity incidents →

Source: SEC EDGAR

accession 0001193125-24-100764

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