LKQ Corporation, a leading US auto parts provider with 45,000 employees across 1,600 locations globally, disclosed a cyberattack affecting a Canadian business unit. Unauthorized access to IT systems was detected on November 13, causing disruptions for a few weeks, though operations have largely recovered. LKQ assured the SEC in an 8-K filing that the incident is unlikely to have a material impact on their financial performance. The company plans to seek reimbursement for related losses through its cybersecurity insurance. While no ransomware group has claimed responsibility, the possibility of ransomware involvement has not been ruled out. Continue here.
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