Cyberattack Halts Manufacturing at Bassett Furniture Industries

Bassett Furniture Industries Inc., based in Bassett, Virginia, experienced a significant cybersecurity breach on July 10, 2024, leading to a shutdown of its manufacturing operations. The attack, which involved the encryption of data files, disrupted the company’s business activities. In response, Bassett implemented containment and remediation measures, including shutting down certain systems and activating its incident response plan. While retail stores and the e-commerce platform remain operational, order fulfillment capabilities are impacted. The company is working to restore IT systems and implement temporary solutions to minimize disruptions. No consumer personal information appears to have been compromised. The incident continues to have a material impact on Bassett's business operations, with ongoing efforts to assess and mitigate its effects.

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