Krispy Kreme Cyberattack Halts Online Orders and Operations
Krispy Kreme has experienced a cyber security attack that disrupted its online operations in parts of the US, potentially impacting its business materially. The company has taken steps to contain the unauthorized activity and is working with federal law enforcement and cyber security experts. Despite the disruptions, its physical stores remain open. The attack highlights the increasing threat of ransomware, especially during the holiday season, and follows a trend of rising cyber incidents in the retail and hospitality sectors. Krispy Kreme holds cyber security insurance to mitigate some costs, but recovery could take months.