Breach taxonomy
Summary
On July 10, 2024, Bassett Furniture detected unauthorized access and encryption of data files (ransomware) on a portion of its IT systems. The company shut down systems as a containment measure, halting manufacturing facility operations. Retail stores and e-commerce remained open but order fulfillment was impacted. The incident was determined to have a material impact on business operations. No consumer personal information was believed to have been compromised.
Tagging rationale
ThreatUnknown
Filing does not attribute the incident to any specific threat actor → UNKNOWN.
MethodsRansomware
Filing explicitly states the threat actor disrupted operations by encrypting some data files — consistent with ransomware.
AssetsRevenue Process
Filing describes encryption shutting down manufacturing facilities and impacting order fulfillment — core revenue-generating operations.