LKQ Reports Cyberattack Disrupting Canadian Business Unit
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🔧 LKQ Corporation reports cyberattack on Canadian business unit. The automobile parts giant disclosed that a breach occurred on November 13, 2024, affecting one of its Canadian business units and disrupting operations for several weeks. In a FORM 8-K filing with the SEC, LKQ stated that it detected unauthorized access to its IT systems and promptly initiated an investigation, containment measures, and recovery plans, while notifying law enforcement. The company believes the threat has been contained and that no other business units were impacted. LKQ does not anticipate any material financial effects from the incident and plans to seek reimbursement for related costs from its cyber insurance provider. Operations in the affected unit are now nearing full capacity.
