2023-06-13 HAYNES INTERNATIONAL INC Cybersecurity Incident

Page last updated on April 17, 2024

HAYNES INTERNATIONAL INC initially disclosed a cybersecurity incident in an SEC 8-K filing on 2023-06-13 07:13:54 EDT.

Incident Details

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

Compromised Date: 2023-06-10
Detected Date:
Disclosure Date: 2023-06-13
Contained Date:
Recovered Date:

Attack Goal: Unknown

Costs: No Costs Tracked (yet)

Filings

8-K filed on 2023-06-13

HAYNES INTERNATIONAL INC filed an 8-K at 2023-06-13 07:13:54 EDT
Accession Number: 0001104659-23-070584

Item 8.01 Other Events.

On June 10, 2023, Haynes International Inc. (the “Company”) began experiencing a network outage indicative of a cybersecurity incident. Upon detection of the incident, the Company engaged third-party specialists to assist in investigating the source of this outage, determine its potential impact on the Company’s systems, and securely restore full functionality to the Company’s systems as soon as possible. The Company’s Incident Response Team reported the incident to law enforcement and has taken additional steps to protect the integrity of the Company’s systems. Despite temporarily shutting down its network while it investigates the threat, the Company continues to run many of its manufacturing operations during the investigation, albeit initially less efficiently. At this time, the network shutdown is primarily affecting administrative, sales, financial and customer service functions. The investigation into this incident is ongoing, and the Company and its consultants are working to restore network functionality.

8-K filed on 2023-06-21

HAYNES INTERNATIONAL INC filed an 8-K at 2023-06-21 09:19:40 EDT
Accession Number: 0001104659-23-073211

Item 8.01 Other Events.

On June 21, 2023, Haynes International Inc. (the “Company”) issued a press release to provide an update regarding its operational restoration efforts following the recent cybersecurity incident.

As previously disclosed, on June 10, 2023, the Company began experiencing a network outage indicative of a cybersecurity incident. Upon detection of the incident, the Company engaged third-party specialists to assist in investigating the source of the outage, determine its potential impact on the Company’s systems, and securely restore full functionality to the Company’s systems.

Although various aspects of the Company’s networks were down while the retained specialists remediated the incident, all of the Company’s manufacturing operations are now running with some operating inefficiencies. In addition, the Company has substantially restored its administrative, sales, financial, and customer service functions.

While the Company has determined that some data was copied from the network, at this stage, there is no evidence that either customer or employee information was accessed. Although the incident and the Company’s response efforts caused some delay in product shipments, it is not yet possible to determine the full impact on the Company’s quarterly financial results.

The investigation into this incident and the Company’s restoration efforts are ongoing.

The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Exhibit No. 99.1

Haynes International, Inc. Press Release, issued June 21, 2023.

8-K filed on 2023-07-19

HAYNES INTERNATIONAL INC filed an 8-K at 2023-07-19 09:02:14 EDT
Accession Number: 0001104659-23-082214

Item 7.01 Regulation FD Disclosure.

On July 19, 2023, as part of the Company’s press release described in Item 2.02 above, the Company provided an update on the previously disclosed cybersecurity incident.

The text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information in Items 2.02, 7.01 and 9.01, including Exhibit 99.1 of this Current Report on Form 8-K, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of such section or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Exhibit No. 99.1

Haynes International, Inc. Press Release, issued July 19, 2023.

Company Information