Breach taxonomy
Summary
On October 18, 2024, Karat Packaging discovered unauthorized third-party access to its information systems. The company activated its cybersecurity response plan to investigate and contain the threat, and notified federal law enforcement. No disruption to business operations was reported and the company determined the incident was not material as of the filing date. Filed under Item 8.01; materiality not yet determined as of filing date.
Tagging rationale
ThreatUnknown
Filing does not attribute the incident to any specific threat actor → UNKNOWN.
MethodsData Exfil
Unauthorized third-party access to information systems implies data access/exfiltration.
AssetsConfidential Biz
Filing states unauthorized third-party access to information systems was detected; no specific data type disclosed.
EffectsInfo Privacy Loss
Unauthorized access to information systems with no operational disruption; company determined not material.
Impact
Unauthorized access with no known business disruption or data specifics; company determined not material → score 1.
InsuranceNot disclosed
Filing makes no mention of insurance.
Read the original SEC filing excerpt
Item 8.01 Other Events. On October 18, 2024, Karat Packaging Inc. discovered unauthorized third-party access to its information systems. Upon detecting the incident, the Company activated its cybersecurity response plan to investigate the scope of the incident and to contain the threat. The Company has also notified federal law enforcement. The Company's investigation of the incident remains ongoing. Based on the Company's current knowledge of the facts and circumstances related to this incident, the Company believes that this incident is not material, and this incident has not disrupted the Company's business operations. Should any of the relevant facts and circumstances substantively change, the Company will reassess materiality considerations in accordance with Item 1.05 of Form 8-K.