Targus, a company that makes bags and mobile gadgets, says that its business is having a “temporary interruption” because of a cyberattack on Friday.
Targus’ parent company, B. Riley Financial, told regulators on Monday that “a threat actor gained unauthorized access to certain of Targus’ file systems.” To contain the incident, the company shut down a large part of its network.
“Targus is working to get their systems back up and running after the incident,” the statement said.
The new rule from the U.S. securities regulator makes public companies report hacks on their subsidiaries or other parts of the business within 96 hours of discovering them. This includes attacks that could have a big effect on investors.
Targus didn’t say what kind of problems were stopping its business from running. Many times, businesses shut down their networks to stop hackers from getting into other systems or private data. The company didn’t say when things would be back to normal at its business.
Even though the company doesn’t know if any customer data was stolen, it said it will “work with law enforcement with respect to the unauthorized access to information.”
Targus is a well-known brand of mobile gadgets and accessories that was started in 1983. In 2022, B. Riley bought Targus in a move worth about $250 million.
When email was sent to B. Riley’s spokesperson, they did not respond right away.
What do you say about this story? Visit Parhlo World For more.
