Garmin® issues statement on recent outage
28 July 2020 - 2:30AM
Business Wire
Affected systems are being restored and normal
operation is expected soon
Garmin Ltd. (NASDAQ: GRMN), today announced it was the victim of
a cyber attack that encrypted some of our systems on July 23, 2020.
As a result, many of our online services were interrupted including
website functions, customer support, customer facing applications,
and company communications. We immediately began to assess the
nature of the attack and started remediation. We have no indication
that any customer data, including payment information from Garmin
Pay™, was accessed, lost or stolen. Additionally, the functionality
of Garmin products was not affected, other than the ability to
access online services.
Affected systems are being restored and we expect to return to
normal operation over the next few days. We do not expect any
material impact to our operations or financial results because of
this outage. As our affected systems are restored, we expect some
delays as the backlog of information is being processed. We are
grateful for our customers’ patience and understanding during this
incident and look forward to continuing to provide the exceptional
customer service and support that has been our hallmark and
tradition.
Engineered on the inside for life on the outside, Garmin
products have revolutionized the aviation, automotive, fitness,
marine and outdoor lifestyles. Dedicated to helping people make the
most of the time they spend pursuing their passions, Garmin
believes every day is an opportunity to innovate and a chance to
beat yesterday. For more information, visit Garmin's virtual
pressroom at garmin.com/newsroom, contact the Media Relations
department at 913-397-8200, or follow us at facebook.com/garmin,
twitter.com/garminnews, instagram.com/garmin or
youtube.com/garmin.
About Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in
Switzerland, and its principal subsidiaries are located in the
United States, Taiwan and the United Kingdom. Garmin is a
registered trademark and Garmin Pay is a trademark of Garmin Ltd.
or its subsidiaries.
All other brands, product names, company names, trademarks and
service marks are the properties of their respective owners. All
rights reserved.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding
Garmin Ltd. and its business. Such statements are based on
management’s current expectations. The forward-looking events and
circumstances discussed in this release may not occur and actual
results could differ materially as a result of known and unknown
risk factors and uncertainties affecting Garmin, including, but not
limited to, the risk factors listed in the Annual Report on Form
10-K for the year ended December 28, 2019, filed by Garmin with the
Securities and Exchange Commission (Commission file number
0-31983). A copy of such Form 10-K is available at
https://www.garmin.com/en-US/company/investors/earnings/. No
forward-looking statement can be guaranteed. Forward-looking
statements speak only as of the date on which they are made and
Garmin undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise.
Category: Corporate
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version on businesswire.com: https://www.businesswire.com/news/home/20200727005634/en/
Carly Hysell 913-397-8200 media.relations@garmin.com
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