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Furniture giant shuts down manufacturing facilities after ransomware attack
One of the largest furniture companies in the U.S. was forced to shut down its manufacturing facilities following a ransomware attack that began last week.
Bassett Furniture Industries said it shut down some of its information technology systems after it discovered unauthorized access on July 10. Company officials are working to bring impacted systems back online and implement workarounds in order to reduce the disruption. The rules immediately caused outrage from companies and lawmakers who questioned what the SEC meant when using the term “material cybersecurity incident” in light of the endless barrage of cyber intrusions most large organizations face on a daily basis.
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