(Reuters) – B Riley Financial said on Monday Targus International and certain affiliates, which are indirect subsidiaries of the boutique investment bank, discovered on April 5 that a threat actor gained unauthorized access to certain file systems of Targus.
While an investigation is ongoing and the incident has temporarily disrupted Targus’ business operations, it has been contained and recovery efforts are in process, B Riley said in a regulatory filing.
The Los Angeles-based company does not currently expect this incident to materially impact its financial condition.
(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Shilpi Majumdar)
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