Executive Summary
- Logitech International has confirmed a cybersecurity incident involving the exfiltration of data from an internal IT system.
- The company attributes the breach to a zero-day vulnerability in a third-party software platform, which has since been patched.
- Business operations, manufacturing, and products remain unaffected, and Logitech believes no sensitive personal data was compromised.
- Logitech does not expect a material financial impact from the incident and states it is covered by a comprehensive cybersecurity insurance policy.
LAUSANNE, Switzerland — Logitech International has officially disclosed a cybersecurity incident that resulted in the exfiltration of company data. The technology firm stated the breach stemmed from a zero-day vulnerability in a third-party software platform and has assured that its products, business operations, and manufacturing have not been impacted.
In a statement released Friday, the Swiss-American company said it promptly initiated an investigation with the assistance of external cybersecurity experts upon detecting the intrusion. The investigation is ongoing, but Logitech believes an unauthorized third party exploited the software flaw to copy certain data from an internal IT system. The vulnerability has since been patched.
According to Logitech, the compromised data likely included limited information pertaining to employees, consumers, customers, and suppliers. The company specified that it does not believe any sensitive personal information, such as national ID numbers or credit card details, was stored in the affected system. Logitech has commenced the process of notifying relevant government authorities as required by law.
The company does not anticipate the incident will have a material adverse effect on its financial condition or results of operations. Logitech also confirmed it maintains a comprehensive cybersecurity insurance policy, which it expects will cover costs associated with the incident, including response, investigations, and potential legal actions or regulatory fines, subject to policy terms.