Medical devices company Artivion on Monday disclosed a ransomware attack that knocked some of its systems offline, causing disruption to order and shipping processes.
Headquartered in Atlanta, Georgia, Artivion manufactures and distributes aortic-centric cardiac and vascular medical products, including mechanical human heart valves, implantable cardiac and vascular human tissues, stent grafts, and surgical sealants. The company markets and sells its products in over 100 countries.
The ransomware attack was identified on November 21 and forced Artivion to take some of its systems offline while engaging with specialists to contain, remediate, and investigate it.
“The incident involved the acquisition and encryption of files,” the company said in a regulatory filing with the Securities and Exchange Commission.
Artivion says it is still working on securely restoring its systems and believes that the attack has not had a material impact on and is not likely to affect its overall financial conditions and results of operations.
While it continues to serve its customers, the company has experienced “disruptions to some order and shipping processes, as well as to certain corporate operations, which have largely been mitigated”.
Artivion says that the remediation efforts have and will incur some expenses, and that, although it believes “it has adequate insurance coverage”, some of the additional costs related to the incident will not be covered by insurance.
“The company remains subject to various risks due to the incident, including the impact of delays in restoration, and, as a result, cannot provide assurances that the incident will not be determined to have a material impact in the future,” Artivion told SEC.
Artivion has not shared details on the threat actor responsible for the attack and no known ransomware group appears to have added the company to its leak site. SecurityWeek has emailed Artivion for additional information on the matter and will update this article as soon as a reply arrives.
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