secwatch.observer — SEC 8-K summary
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Issuer:     Crimson Wine Group, Ltd (CWGL)
CIK:        0001562151
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001562151-24-000032
Event type: cyber
Sentiment:  negative
Materiality: 0.75
Item codes: 1.05
LLM model:  deepseek-v4-flash:cloud@v2

Crimson Wine Group determines June cyber incident had material impact on operations; data exfiltrated
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- On July 25, 2024, Crimson Wine Group determined the June 30 cyber incident likely had a material impact on business operations.
- Unauthorized third party exfiltrated files potentially containing sensitive personal information; investigation ongoing.
- Company shut down certain systems, causing disruption despite workarounds; operations substantially restored.
- Company believes incident has not had material impact on overall financial condition or results of operations, and holds adequate cyber insurance.
- Company faces risks including potential litigation, regulatory scrutiny, and changes in customer behavior.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562151/000156215124000032/0001562151-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562151/000156215124000032/cwgl-20240725.htm
  HTML page:      https://secwatch.observer/filing/0001562151-24-000032

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