Lee Enterprises reports cyberattack Feb 3; threat contained, operations partly restored, $3.7M waiver

LEE ENTERPRISES, Inc

Cyberattack on Feb 3 encrypted critical apps and exfiltrated files; threat contained, restoration ongoing.
Investigation into exfiltration of personally identifiable information continues; answer expected in weeks.
Incident likely to materially impact financial condition; insurance expected to reimburse costs above small retainer.
Lender BH Finance waived $3.7M in March interest and lease payments to provide short-term liquidity.
Products being produced/distributed but limited depth; back-office functions (billing, collections) delayed.

Key facts

Extracted from this filing and checked against the source text.

Cybersecurity Incidents SEC 8-K Item 1.05 confidence 0.9

LEE ENTERPRISES, Inc disclosed a cybersecurity incident: cybersecurity attack by threat actors who unlawfully accessed the Company’s network, encrypted critical applications, and exfiltrated certain files. Impact: the Incident is likely to have a material impact on the Company’s financial condition and results of operations; certain back-office functions remain delayed including billing, collections, and payments. Company determined it material. Discovered 2025-02-03.

Nature: cybersecurity attack by threat actors who unlawfully accessed the Company’s network, encrypted critical applications, and exfiltrated certain files
Impact: the Incident is likely to have a material impact on the Company’s financial condition and results of operations; certain back-office functions remain delayed including billing, collections, and payments
Materiality: determined material
Discovery: 2025-02-03

Exact text from the filing

While the full scope of the financial impact is not yet known, the Incident is likely to have a material impact on the Company’s financial condition and results of operations.

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LEE ENTERPRISES, Inc filing history →

Source: SEC EDGAR

accession 0001628280-25-010944

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