ScanSource Provides Operational Update Following Cybersecurity Incident
Portfolio Pulse from Benzinga Newsdesk
ScanSource (NASDAQ:SCSC) has fully restored its operations following a ransomware incident on May 14, 2023. The company's core systems were restored and operations resumed on May 26, with all areas of the business now fully operational.

June 13, 2023 | 12:32 pm
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ScanSource has recovered from a ransomware incident and resumed normal operations, which may reassure investors and customers.
The ransomware incident had a direct impact on ScanSource's operations, but the company's swift response and full recovery may reassure investors and customers. This could lead to a positive short-term impact on the stock price as confidence in the company's ability to handle such incidents is restored.
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IMPORTANCE 80
RELEVANCE 100