cyber
confidence high
sentiment negative
materiality 0.60
Bandwidth discloses DDoS attack starting Sept 25; expects $0.5M-$1.5M Q3 revenue hit
Bandwidth Inc.
- DDoS attack began Sept 25, 2021; network largely stable since evening Sept 29 but with intermittent disruptions.
- Estimated revenue impact of $0.5M to $1.5M for Q3 2021 due to lost transaction volume and customer credits.
- Mitigation efforts with leading cybersecurity firms are proving successful; collaboration with customers and partners.
- Status updates available at https://status.bandwidth.com; investigation still in early stages.