Computer accessory giant Targus says cyberattack interrupting business operations

One of the biggest manufacturers of technology accessories said business operations have been “temporarily disrupted” following a cyberattack that began on April 5. 

In an SEC filing on Monday evening, Targus International said it discovered that a hacker had gained access to file systems, prompting the company to hire outside cybersecurity consultants. 

“Targus immediately activated its incident response and business continuity protocols to investigate, contain and remediate the incident. Through this process, proactive containment measures to disrupt unauthorized access resulted in a temporary interruption in the business operations of the Targus network,” the company said. 

“The incident has been contained and Targus systems recovery efforts are in process. While the investigation is ongoing and the incident has temporarily disrupted Targus’ business operations, as of the date of this filing, the Company does not currently believe that this incident will materially impact the Company’s financial condition or results of operations taken as a whole.”

The company — which has made laptop cases and bags for more than 40 years — has also notified law enforcement of the attack.

Targus is a subsidiary of B. Riley Financial, which noted that no other parts of the company were disrupted by the attack. B. Riley Financial acquired Targus two years ago for $250 million. 

Headquartered in Anaheim, California, Targus operates in 100 countries and produces a variety of tools like docking stations, tablet cases, keyboards and more. 

No hacking group has claimed credit for the incident.  

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Jonathan Greig

Jonathan Greig

is a Breaking News Reporter at Recorded Future News. Jonathan has worked across the globe as a journalist since 2014. Before moving back to New York City, he worked for news outlets in South Africa, Jordan and Cambodia. He previously covered cybersecurity at ZDNet and TechRepublic.