August 28, 2024 at 12:27PM
Dick’s Sporting Goods, the largest outdoor retail chain in the US, confirmed a cyberattack on its servers. The nature and extent of the stolen information are unknown. Business operations were not disrupted, indicating ransomware was not used. The company has engaged law enforcement and an external security firm to investigate and address the issue. Earnings report on September 4 may reveal more information.
After reviewing the meeting notes, it is clear that Dick’s Sporting Goods experienced a cyberattack on its servers last week. In an SEC 8-K filing, the retailer reported that an unnamed third party gained unauthorized access to portions of its systems containing certain confidential information. The company’s business operations were not disrupted as a result of the incident.
The specific information targeted by the attackers was not disclosed in the filing, and it is unclear whether ransomware was deployed on the corporate servers. The retailer has more than 850 stores across the US, and affected customers are expected to receive alerts regarding the impact of the breach.
Dick’s Sporting Goods has engaged law enforcement to investigate the intrusion and has also hired an external security firm to assess the extent of the issue and address any remaining security vulnerabilities. More details about the incident may be available in the company’s second-quarter earnings report, scheduled for release on September 4.
Please let me know if you need further information or if there are any specific actions you would like to take based on these meeting notes.