Hack Attack: Krispy Kreme Faces Cyber Incident, Digital Sales Suffer Blow

Benzinga2024-12-11

Krispy Kreme, Inc. (NASDAQ:DNUT) shares are trading lower on Wednesday. In an exchange filing, the company said it is facing operational disruptions after an unauthorized cyber incident was detected ...

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(NASDAQ:DNUT) shares are trading lower on Wednesday.\nIn an exchange filing, the company said it is facing operational disruptions after an unauthorized cyber incident was detected ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hack-attack-krispy-kreme-faces-152609003.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hack Attack: Krispy Kreme Faces Cyber Incident, Digital Sales Suffer Blow</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHack Attack: Krispy Kreme Faces Cyber Incident, Digital Sales Suffer Blow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-11 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/hack-attack-krispy-kreme-faces-152609003.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Krispy Kreme, Inc. (NASDAQ:DNUT) shares are trading lower on Wednesday.\nIn an exchange filing, the company said it is facing operational disruptions after an unauthorized cyber incident was detected ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hack-attack-krispy-kreme-faces-152609003.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DNUT","symbol_name":"Krispy Kreme, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/hack-attack-krispy-kreme-faces-152609003.html","article_id":"2490600862","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/8Ber3pHEdgkIaBi3wxVxLw--~B/aD01NTM7dz05ODM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/930ba5c3149a210047bd41dcf4c504d1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490600862","pubTimestamp":1733930769,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Krispy Kreme, Inc.  shares are trading lower on Wednesday.In an exchange filing, the company said it is facing operational disruptions after an unauthorized cyber incident was detected on its IT systems on November 29.The company, however, immediately launched an investigation, working closely with top cybersecurity experts to contain and remediate the breach.Despite the disruption, Krispy Kreme's 400 U.S. locations remain open for in-person orders, and deliveries to retail and restaurant partners, including nearly 2,000 McDonald's locations, have not been affected, CNN reports.However, some parts of the U.S. are experiencing issues with online ordering, and the company is actively working to restore its digital services, the filing read.Also Read: Krispy Kreme Falters In Q3: Earnings Miss, Sales Slide, And Outlook Dims Post-Insomnia Cookies Sale. Krispy Kreme has acknowledged that the cyber incident is likely to have a material impact on its business, particularly in the short term.Ho","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"DNUT":"Krispy Kreme, Inc."},"translate_title":"黑客攻击：Krispy Kreme面临网络事件，数字销售遭受打击","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DNUT":1},"content_text":"Krispy Kreme, Inc. (NASDAQ:DNUT) shares are trading lower on Wednesday.\nIn an exchange filing, the company said it is facing operational disruptions after an unauthorized cyber incident was detected on its IT systems on November 29.\nThe company, however, immediately launched an investigation, working closely with top cybersecurity experts to contain and remediate the breach.\nDespite the disruption, Krispy Kreme's 400 U.S. locations remain open for in-person orders, and deliveries to retail and restaurant partners, including nearly 2,000 McDonald's locations, have not been affected, CNN reports.\nHowever, some parts of the U.S. are experiencing issues with online ordering, and the company is actively working to restore its digital services, the filing read.\nAlso Read: Krispy Kreme Falters In Q3: Earnings Miss, Sales Slide, And Outlook Dims Post-Insomnia Cookies Sale\nThe investigation is ongoing, and the full extent of the breach is still unclear. The company has notified federal law enforcement and is continuing efforts to mitigate the impact on its operations.\nKrispy Kreme has acknowledged that the cyber incident is likely to have a material impact on its business, particularly in the short term.\nThe costs associated with the breach, including lost revenue from disrupted digital sales, fees for cybersecurity experts, and the expense of restoring impacted systems, are expected to significantly affect the company's financials.\nHowever, Krispy Kreme said it holds cybersecurity insurance, which is expected to cover some of these costs.\nDespite these challenges, the company has emphasized that it does not anticipate the incident will have a long-term effect on its overall financial health.\nKrispy Kreme also noted that its daily fresh deliveries to retail and restaurant partners, including grocery stores, have remained uninterrupted.\nThis disruption comes on the heels of a busy year for Krispy Kreme, which recently expanded its partnership with McDonald's and sold a majority stake in its Insomnia Cookies brand to private equity firms, CNN adds. These moves reflect the company's continued focus on delivering fresh doughnuts to consumers worldwide.\nPrice Action: DNUT shares are trading lower by 2.87% to $9.82 at last check Wednesday.\nRead Next:\n\nInflation Rises As Expected In November, Sustains Hopes For December Interest Rate Cut\n\nPhoto via Shutterstock.\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nThis article Hack Attack: Krispy Kreme Faces Cyber Incident, Digital Sales Suffer Blow originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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