Breach taxonomy
Summary
On November 13, 2024, LKQ Corporation detected unauthorized access to IT systems of a single business unit in Canada. The attack disrupted that business unit's operations for a few weeks while affected systems were recovered. LKQ activated its security incident response and recovery plans, engaged forensic investigators, and notified law enforcement. No other business units were impacted. The business unit was operating near full capacity by the filing date. LKQ intends to submit claims to its cybersecurity insurers for reimbursement of costs and losses. Filed under Item 8.01; company determined the incident was not material.
Tagging rationale
ThreatUnknown
Filing does not attribute the incident to a specific actor → UNKNOWN.
MethodsMalware
Unauthorized access to IT systems disrupting business unit operations is consistent with malware deployment → MALWARE.
AssetsRevenue Process
Unauthorized access disrupted the operations of a Canadian business unit that generates revenue for LKQ → REVENUE-PROCESS.
EffectsBiz Interruption
The affected business unit's operations were adversely impacted for a few weeks while systems were recovered → BIZ-INTERRUPTION.
Business continuityPartial
Filing states the business unit was operating near full capacity by the filing date but was disrupted for a few weeks, indicating partial recovery over time → Partial.
Impact
Unauthorized access disrupted a single Canadian business unit for a few weeks; no other LKQ units affected; non-material per company assessment → score 2.
InsuranceYes
Filing states the company will be seeking reimbursement by submitting claims to its cybersecurity insurers → true.
Read the original SEC filing excerpt
Item 8.01 Other Events. On November 13, 2024, LKQ Corporation (the Company or we) detected unauthorized access to information technology (IT) systems of a single business unit in Canada (Business Unit). The attack disrupted the Business Unit's operations. Upon discovery, we immediately began taking steps to investigate, contain, and recover from the incident, including activating our security incident response and recovery plans, partnering with industry leading forensic investigators, and initiating containment measures for affected systems. We also promptly notified law enforcement authorities. We are analyzing data impacted by the incident and will be notifying affected parties as appropriate. As a result of the incident, the Company's operations within this Business Unit were adversely impacted for a few weeks while affected systems were recovered; however, the Company believes that it has effectively contained the threat and that none of its other businesses were impacted by the threat, and the Business Unit is now operating near full capacity. As of the date of this filing, we believe the impacts of the cyber incident are not, and are not reasonably likely to be, material to our financial condition or results of operations for the fiscal year. We will be seeking reimbursement of costs, expenses, and losses stemming from the cyber incident by submitting claims to our cybersecurity insurers.