secwatch.observer — SEC 8-K summary
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Issuer:     QUICKLOGIC Corp (QUIK)
CIK:        0000882508
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001437749-23-006511
Event type: cyber
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

QuickLogic: No SVB exposure; ransomware incident on Jan 20 with no material impact
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- QuickLogic has no deposits or accounts at SVB and no banking relationship with SVB.
- On Jan 20, 2023, QuickLogic detected a ransomware infection affecting a limited number of IT systems.
- Company engaged law enforcement, legal counsel, and a cybersecurity forensics firm; investigation ongoing.
- Critical operational data restored; business operations continued; steps taken to further secure IT systems.
- QuickLogic believes the incident has not had and will not have a material impact on business or financial results; cyber insurance in place.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882508/000143774923006511/0001437749-23-006511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882508/000143774923006511/quicklo20230314_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-006511

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