Breach taxonomy
Summary
On or about March 14, 2024, Radiant Logistics detected the initial stages of a cybersecurity incident affecting its Canadian operations through IT monitoring tools. The company immediately isolated its Canadian operations from the rest of its network and engaged cybersecurity and forensics professionals. Containment measures caused service delays for customers in Canada, though U.S. and other international operations continued without disruption. Systems recovery was expected to be largely complete within a week of the filing date.
Tagging rationale
ThreatUnknown
Filing does not attribute the incident to any specific threat actor → UNKNOWN.
MethodsSystem Outage
Filing states the company detected unauthorized activity and proactively isolated its Canadian operations; no specific attack method is disclosed.
AssetsRevenue Process
Filing describes service delays for customers in Canada due to network isolation, affecting revenue-generating logistics operations.
EffectsBiz Interruption
Containment measures caused service delays for Canadian customers, qualifying as business interruption; U.S. and other international operations were unaffected.
Business continuityPartial
Filing states the company initiated incident response and business continuity protocols but Canadian operations experienced service delays with recovery estimated within a week → Partial.
Impact
Incident limited to Canadian operations with service delays; U.S. operations unaffected, recovery expected within a week, and no material overall impact disclosed.
InsuranceNot disclosed
Filing makes no mention of insurance.
Read the original SEC filing excerpt
Item 1.05. Material Cybersecurity Incidents On or about March 14, 2024, through its information technology systems monitoring tools, Radiant Logistics, Inc. detected what was determined to be the initial stages of a cybersecurity incident related to its Canadian operations. Upon detection, the Company immediately initiated its incident response and business continuity protocols and began taking measures to disrupt the unauthorized activity. As part of its process to address the incident, the Company proactively took measures to isolate its Canadian operations from the rest of its network and engaged the services of cybersecurity and forensics professionals to further assess, contain and remediate the incident. While the incident in combination with the Company's security protocols have caused service delays for customers in Canada, systems recovery efforts are in process and the Company currently estimates those efforts to be largely complete in the coming week. The Company's U.S. and other international operations have continued without disruption throughout this process in all material respects. While the investigation is ongoing, as of the date of this filing, the incident has not had a material impact on the Company's overall operations, and the Company has not determined the incident is reasonably likely to materially impact the Company's financial conditions or results of operations.