{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-031252","form_type":"8-K","ticker":"RILY","cik":"0001464790","company_name":"BRC Group Holdings, Inc.","filed_at":"2024-04-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.508625+00:00","generated_at":"2026-06-04T01:20:27.547932+00:00","sec_items":["1.05"],"event_type":"cyber","sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"B. Riley Financial subsidiary Targus suffers cybersecurity incident; operations temporarily disrupted","bullets":["Discovered on April 5, 2024, unauthorized access to Targus file systems; containment caused temporary business interruption.","Incident investigation is ongoing; systems recovery efforts in process; no material impact expected on B. Riley's financial condition.","Targus was not a significant contributor to B. Riley's Operating Adjusted EBITDA in the prior year.","Other B. Riley subsidiaries unaffected; business operations continued without disruption.","Targus notified regulatory authorities and is working with law enforcement."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-031252","json":"https://secwatch.observer/filing/0001213900-24-031252.json","markdown":"https://secwatch.observer/filing/0001213900-24-031252.md","text":"https://secwatch.observer/filing/0001213900-24-031252.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1464790/000121390024031252/0001213900-24-031252-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1464790/000121390024031252/ea0203500-8k_briley.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T01:20:27.547932+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a3cfccc985f6e0a1783326b54eee6129a40aaab","claim":"BRC Group Holdings, Inc. disclosed a cybersecurity incident: A threat actor gained unauthorized access to certain of Targus’ file systems. Impact: Temporary interruption in the business operations of the Targus network; incident contained and systems recovery efforts are in process. Company determined it not material. Discovered 2024-04-05.","evidence_excerpt":"the Company does not currently believe that this incident will materially impact the Company’s financial condition or results of operations taken as a whole.","evidence_source":"SEC 8-K Item 1.05","evidence_url":"https://www.sec.gov/Archives/edgar/data/1464790/000121390024031252/0001213900-24-031252-index.htm","confidence":0.9,"family_label":"Cybersecurity Incidents","details":[{"label":"Nature","value":"A threat actor gained unauthorized access to certain of Targus’ file systems"},{"label":"Impact","value":"Temporary interruption in the business operations of the Targus network; incident contained and systems recovery efforts are in process"},{"label":"Materiality","value":"not material"},{"label":"Discovery","value":"2024-04-05"}],"fact_type":"cyber_incident"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}