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p style=”text-align: justify;”>Leading cardiac surgery medical device company Artivion has reported a ransomware attack that occurred on November 21, resulting in the encryption of certain systems and unauthorized data access. The incident forced the Atlanta-based company to take part of its operations offline while addressing the attack.
Artivion’s Response
In its 8-K filing with the U.S. Securities and Exchange Commission (SEC), Artivion disclosed that it promptly initiated an investigation and engaged external advisors, including legal, cybersecurity, and forensics professionals. “The incident involved the acquisition and encryption of files. The Company is working to securely restore its systems as quickly as possible and to evaluate any notification obligations,” the filing stated.
The company also noted that disruptions to its corporate operations, order processing, and shipping were largely resolved. Despite having insurance coverage for incident response costs, Artivion anticipates additional expenses that will not be covered.
Impact on Operations
Artivion operates manufacturing facilities in Germany, Texas, and Georgia and employs over 1,250 people globally, with sales representatives in more than 100 countries. Although the immediate disruptions caused by the ransomware attack have been mitigated, the company is likely to face longer-term implications, including potential reputational damage and increa
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