secwatch.observer — SEC 8-K summary
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Issuer:     BASSETT FURNITURE INDUSTRIES INC (BSET)
CIK:        0000010329
Form:       8-K
Filed at:   2024-07-15T23:59:59+00:00
Accession:  0001437749-24-022743
Event type: cyber
Sentiment:  negative
Materiality: 0.80
Item codes: 1.05
LLM model:  deepseek-v4-flash:cloud@v2

Bassett Furniture suffers cyber incident; manufacturing halted, order fulfillment impacted
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- Detected unauthorized access on July 10, 2024; data files encrypted by threat actor.
- Containment measures included shutting down systems; manufacturing facilities not operating as of July 15.
- Retail stores and e-commerce open, but order fulfillment currently impacted.
- Company does not believe consumer personal information was compromised.
- Investigation ongoing; material impact on business but financial impact not yet determined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/10329/000143774924022743/0001437749-24-022743-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/10329/000143774924022743/bset20240715_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-022743

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