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MarineMax confirms cybersecurity breach, operations continue

EditorNatashya Angelica
Published 03/12/2024, 04:57 PM
© Reuters.

MarineMax, Inc. (NYSE: HZO), a leading recreational boat and yacht retailer, reported a cybersecurity incident on March 10, 2024, involving unauthorized access to parts of its information environment by an external party. The company, upon discovering the breach, promptly activated its incident response and business continuity plans, implementing measures to contain the security incident.

The containment efforts led to some disruptions within a segment of MarineMax's business operations. However, the company has stated that its operations have largely continued without significant interruption. MarineMax has also confirmed that it has engaged cybersecurity professionals to conduct a thorough investigation and has informed law enforcement of the breach.

As of the date of the SEC filing, MarineMax has indicated that the cybersecurity incident has not resulted in a material impact on its overall operations. The company is still assessing the potential long-term effects on its financial condition and operating results, but it has noted that the affected information environment did not contain sensitive data.

The investigation into the breach is ongoing, and MarineMax is working diligently to ascertain the full scope and implications of the incident. The company's focus remains on maintaining business operations and safeguarding its information systems.

This news is based on a recent press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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