2024-10-23 Karat Packaging Inc. Cybersecurity Incident

Page last updated on October 28, 2024

Karat Packaging Inc. initially disclosed a cybersecurity incident in an SEC 8-K filing on 2024-10-23 16:16:35 EDT.

Company Summary

Karat Packaging Inc. engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings.

Incident Details

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

Compromised Date:
Detected Date: 2024-10-18
Disclosure Date: 2024-10-23
Contained Date:
Recovered Date:

Attack Goal: Unknown

Costs: No Costs Tracked (yet)

Filings

8-K filed on 2024-10-23

Karat Packaging Inc. filed an 8-K at 2024-10-23 16:16:35 EDT
Accession Number: 0001213900-24-089965

Item 8.01 Other Events.

On October 18, 2024, Karat Packaging Inc. (the “Company”) discovered unauthorized third-party access to its information systems. Upon detecting the incident, the Company activated its cybersecurity response plan to investigate the scope of the incident and to contain the threat. The Company has also notified federal law enforcement.

The Company’s investigation of the incident remains ongoing. Based on the Company’s current knowledge of the facts and circumstances related to this incident, the Company believes that this incident is not material, and this incident has not disrupted the Company’s business operations. Should any of the relevant facts and circumstances substantively change, the Company will reassess materiality considerations in accordance with Item 1.05 of Form 8-K.

Company Information