cyber
confidence high
sentiment negative
materiality 0.55
TransAct provides update on cybersecurity incident, systems restored, no material impact
TRANSACT TECHNOLOGIES INC
- Company had previously announced criminal cybersecurity incident impacting IT systems.
- Operational systems restored as of December 14, 2022.
- No ongoing impact on product/service delivery; no customer-facing systems affected.
- Temporary slowdown in certain product deliveries, but management deems no material impact.
- Additional security measures are being implemented to enhance system integrity.