Brief: Prog Holdings Says Its Unit Recently Experienced A Cybersecurity Incident

PROG Holdings

21/09/2023 23:13

Sept 21 (Reuters) - PROG Holdings Inc  PRG.N :
    * PROG HOLDINGS-  ITS PROGRESSIVE LEASING SUBSIDIARY
RECENTLY
EXPERIENCED A CYBERSECURITY INCIDENT AFFECTING CERTAIN OF
PROGRESSIVE LEASING'S SYSTEMS
    * PROG HOLDINGS- ENGAGED LEADING THIRD-PARTY CYBERSECURITY
EXPERTS
AND TOOK IMMEDIATE STEPS TO RESPOND TO, REMEDIATE AND
INVESTIGATE INCIDENT
    * PROG HOLDINGS INC -  COMPANY’S INVESTIGATION INTO
CYBERSECURITY
INCIDENT, INCLUDING IDENTIFICATION OF THE DATA INVOLVED, REMAINS
ONGOING
    * PROG HOLDINGS - HAS INCURRED, AND MAY CONTINUE TO INCUR,
SIGNIFICANT EXPENSES TO RESPOND TO, REMEDIATE AND INVESTIGATE
THIS CYBERSECURITY MATTER
    * PROG HOLDINGS- DOES NOT CURRENTLY EXPECT CYBERSECURITY
INCIDENT
WILL HAVE A MATERIAL EFFECT ON COMPANY'S FINANCIAL CONDITION AND
RESULTS OF OPERATIONS
    * PROG HOLDINGS INC -  THERE HAS BEEN NO MAJOR OPERATIONAL
IMPACT
TO ANY OF PROGRESSIVE LEASING’S SERVICES AS A RESULT OF
CYBERSECURITY INCIDENT
    * PROG HOLDINGS INC -  COMPANY’S OTHER SUBSIDIARIES HAVE NOT
BEEN
IMPACTED BY THE CYBERSECURITY INCIDENT
    * PROG HOLDINGS INC -  FULL SCOPE OF THE COSTS AND RELATED
IMPACTS
OF CYBERSECURITY INCIDENT HAS NOT BEEN DETERMINED

Source text for Eikon:  ID: 
Further company coverage:  PRG.N 

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