Hasbro Hit by Cyberattack, Warns of Shipping Delays
Toy manufacturing giant Hasbro has confirmed it was targeted by a significant cyberattack, resulting in unauthorized access to its corporate network. The incident was detected on a Saturday, prompting the company to immediately take certain critical operations offline to contain the breach and investigate the extent of the damage. In a formal filing with the U.S. Securities and Exchange Commission, Hasbro disclosed that it has activated backup business continuity procedures to maintain essential functions. These measures affect key operational areas, including the processing of customer orders and the shipping of products. The company warned stakeholders that these manual or alternative processes might remain necessary for several weeks as the investigation continues. Consequently, Hasbro anticipates that this disruption could result in noticeable delays in product ordering and delivery schedules. This event highlights the ongoing cybersecurity risks facing major consumer goods corporations and their supply chains. The company is working to restore normal operations while ensuring data security, but customers and partners are advised to expect potential interruptions in service during the recovery period.
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Hasbro Hit by Cyberattack, Warns of Shipping Delays
Toy manufacturing giant Hasbro has confirmed it was targeted by a significant cyberattack, resulting in unauthorized access to its corporate network. The incident was detected on a Saturday, prompting the company to immediately take certain critical operations offline to contain the breach and investigate the extent of the damage. In a formal filing with the U.S. Securities and Exchange Commission, Hasbro disclosed that it has activated backup business continuity procedures to maintain essential functions. These measures affect key operational areas, including the processing of customer orders and the shipping of products. The company warned stakeholders that these manual or alternative processes might remain necessary for several weeks as the investigation continues. Consequently, Hasbro anticipates that this disruption could result in noticeable delays in product ordering and delivery schedules. This event highlights the ongoing cybersecurity risks facing major consumer goods corporations and their supply chains. The company is working to restore normal operations while ensuring data security, but customers and partners are advised to expect potential interruptions in service during the recovery period.
WSJ.com: US Business