Tapana Onfalai
Marine Max (New York Stock Exchange:HZO) provided details about the cybersecurity incident on Monday.
The company said it immediately initiated previously determined incident response and business continuity protocols and took immediate steps to contain the incident. As part of this process, containment measures will be taken. This resulted in some confusion on the part of MarineMax (HZO) work. Operations have continued in all material respects during this incident, and the affected information environment has been confirmed to have been remediated.
MarineMax (HZO) has determined that a cybercrime organization has accessed a limited portion of its retail information environment. An ongoing investigation has determined that this organization exfiltrated limited data from this environment, including some customer and employee information, including personally identifiable information. HZO intends to provide appropriate notice to potentially affected parties and regulators as required by federal and state law.
Although the cybersecurity incident has not had a material impact on the company's operations to date, HZO has not yet determined whether there is a reasonable possibility that the cybersecurity incident will have a material impact on the company's financial condition and results of operations. This is the stage in which it is being developed.
MarineMax (HZO) stock has declined 14.5% since the beginning of the year.
