cyber
confidence high
sentiment negative
materiality 0.70
Optical Cable Corporation detects sophisticated cyberattack on June 20, 2023
OPTICAL CABLE CORP
- Incident impacted operational and IT systems; company engaged internal and third-party cybersecurity experts.
- Containment protocols implemented; federal law enforcement notified.
- Incident may cause delays, loss of revenue, and incremental costs; restoration of systems nearly complete.
- Company believes it has restored substantially all systems for normal operations.