2022-11-16 TRANSACT TECHNOLOGIES INC Cybersecurity Incident

Page last updated on April 11, 2024

TRANSACT TECHNOLOGIES INC initially disclosed a cybersecurity incident in an SEC 8-K filing on 2022-11-16 08:20:04 EST.

Incident Details

Material: Unknown
Is Breach: Unknown
Records Compromised: Unknown
Data Types Impacted: No Data Types Tracked (yet)

Compromised Date:
Detected Date:
Disclosure Date: 2022-11-16
Contained Date:
Recovered Date:

Attack Goal: Unknown

Costs: No Costs Tracked (yet)

Filings

8-K filed on 2022-11-16

TRANSACT TECHNOLOGIES INC filed an 8-K at 2022-11-16 08:20:04 EST
Accession Number: 0001214659-22-013834

Item 8.01 Other Events.

TransAct Technologies Incorporated (the “Company”) today announced that it recently discovered a criminal cybersecurity incident impacting its operational and information technology systems. The Company is currently working with a team of forensic experts to fully understand the extent and implications of this incident and to fully restore operations within a safe and remediated environment.

Remediation efforts are in process and being implemented as quickly as possible, and teams are working to maintain the Company’s operations and to minimize the impact on its customers and employees. As of the date hereof, the Company has restored certain of its critical operational data and business systems, and continues to work to determine whether this incident will have a material impact on its business, operations or financial results.

8-K filed on 2022-12-14

TRANSACT TECHNOLOGIES INC filed an 8-K at 2022-12-14 16:42:53 EST
Accession Number: 0001214659-22-014920

Item 8.01 Other Events.

On December 14, 2022, TransAct Technologies Incorporated (the “Company”) provided an update regarding the remediation of a previously announced criminal cybersecurity incident impacting its operational and information technology systems. Immediately upon learning of the incident, the Company began an investigation and undertook a series of measures to safeguard the integrity of its information technology systems, including engaging forensic experts and information technology professionals to assist in the Company’s investigation and restore operations, communicating with employees regarding the incident, and responding to customer inquiries.

As of the date hereof, the Company has restored operational systems. There is no ongoing impact on the Company’s ability to provide its products and services. There is no indication that any customer-facing computer systems were impacted by the incident.

While the incident temporarily slowed deliveries of certain of the Company’s products, management does not believe that the incident has had a material impact on the Company’s business or operations.

Cybersecurity remains a top priority for the Company, and the Company is in the process of taking additional steps to further enhance the security and integrity of its information technology systems.

Company Information