Krispy Kreme says cybersecurity incident is impacting online orders in US


FILE PHOTO: A Krispy Kreme Doughnuts logo is pictured in Burbank, California, U.S., July 1, 2021. REUTERS/Mario Anzuoni/File Photo

(Reuters) - Doughnut chain Krispy Kreme said on Wednesday that unauthorized activity on a portion of its information technology systems has disrupted certain operations, including online ordering in the United States.

Shares of the company were down about 2% in premarket trading.

After being notified of the incident on Nov. 29, the company has initiated an investigation and is working with external cybersecurity experts to mitigate the impact, it said in a regulatory filing.

Krispy Kreme said the expected costs related to the incident, including the loss of revenue from digital sales, are "reasonably likely to have a material impact" on its results of operations.

The company's shops globally are open and consumers are able to place in-person orders, it said.

(Reporting by Neil J Kanatt in Bengaluru; Editing by Shilpi Majumdar)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Opinion: How can you tell if something’s been written by ChatGPT? Let’s delve
'Stealing from a thief': How ChatGPT helped Delhi man outsmart scammer, make him 'beg' for forgiveness
A US man was indicted for allegedly cyberstalking women. He says he took advice from ChatGPT.
Apple, Tesla accused of profiting from horrific abuses, environmental destruction
Exclusive-How Netflix won Hollywood's biggest prize, Warner Bros Discovery
Hollywood unions alarmed by Netflix's $72 billion Warner Bros deal
US lawmakers press Google, Apple to remove apps tracking immigration agents
Meta acquires AI-wearables startup Limitless
New York Times sues Perplexity AI for 'illegal' copying of content
Netflix-Warner Bros deal faces political pushback even as company touts benefits

Others Also Read