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    Targeted and Under Attack: Targus Reveals Cybersecurity Breach on File Servers

    Cyberattack Disrupts Targus Operations

    Targus, a leading manufacturer of laptop and tablet accessories, has recently suffered a significant cyberattack resulting in temporary disruptions to its operations.

    The attack, which was discovered on April 5th, 2024, involved a threat actor gaining unauthorized access to the company’s file servers. This prompted Targus’ parent company, B. Riley Financial, INC., to file a FORM 8-K report with the SEC and activate its incident response and business continuity protocols.

    As part of the incident response, Targus worked with external cybersecurity counsel and consultants to contain and remediate the attack. This resulted in a temporary interruption in the company’s network, as proactive containment measures were implemented to disrupt unauthorized access. However, Targus has since confirmed that the incident has been contained and they are currently working with external experts to recover their internal systems.

    The decision to temporarily shut down IT systems in response to a cyberattack is a common practice used to prevent further spread of the attack. However, this also means that legitimate access to internal applications and data is temporarily disrupted, impacting business operations until systems can be restored.

    While Targus has not disclosed whether corporate data was stolen, the fact that the hackers first gained access to the company’s file systems raises the possibility of data exfiltration. As a precaution, Targus has notified regulatory authorities and law enforcement about the incident.

    At this time, it is unclear who is responsible for the attack as no ransomware groups or threat actors have claimed responsibility. BleepingComputer has reached out to Targus for further information but has not yet received a response.

    Targus: A Leader in Mobile Accessories

    Targus is a well-known brand in the world of mobile accessories, offering a wide range of products such as stylish laptop bags, tablet cases, docking stations, keyboards, mice, and travel accessories. With a focus on high-quality and innovative designs, Targus has become a trusted name among consumers and businesses alike.

    Protecting Against Cyber Threats

    Unfortunately, cyberattacks have become a common occurrence in today’s digital landscape. As more companies rely on technology for their day-to-day operations, it has become increasingly important to implement robust security measures to protect against cyber threats.

    For businesses, this means investing in reliable cybersecurity solutions and regularly training employees on best practices for preventing and responding to cyberattacks. In addition, it is crucial for companies to have an incident response plan in place to quickly and effectively address any security breaches.

    As we continue to navigate the ever-evolving world of technology and online threats, proactive measures and swift incident response will be key to keeping businesses safe from cyberattacks.

    Conclusion

    The recent cyberattack on Targus serves as a reminder of the importance of having strong cybersecurity measures in place. While the company has taken swift action to contain and remediate the attack, it highlights the need for continuous vigilance and the adoption of best practices to protect against cyber threats.

    As technology continues to advance, it is crucial for businesses to prioritize cybersecurity and be prepared to handle any potential attacks. By investing in robust security measures and having a solid incident response plan, companies can better protect their operations, their customers, and their reputation.

    Let us all learn from this experience and work towards a more secure and resilient digital future.

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