Medical technology company faces ongoing disruption

  • LivaNova’s IT systems disrupted following a cybersecurity incident
  • Incident causing and expected to continue causing disruption to business operations
  • Extent of impact on business, financials, and operations unknown
  • Investigation underway, coordination with law enforcement
  • Actions being taken to remediate the issue

LivaNova, a medical technology company, has disclosed that portions of its information technology systems were disrupted following a cybersecurity incident. The incident has caused and is expected to continue causing disruption to parts of the company’s business operations. The extent of the impact on LivaNova’s business, results of operations, cash flows, and financial condition is currently unknown. The company has initiated an investigation and is coordinating with law enforcement. It is also assessing the information and systems that were impacted. LivaNova has taken actions to remediate the issue, including taking certain systems offline.

Public Companies: LivaNova (N/A)
Private Companies:
Key People:

Factuality Level: 8
Justification: The article provides factual information about LivaNova disclosing a cybersecurity incident and the impact it has had on their business operations. It also mentions that the company is conducting an investigation and coordinating with law enforcement. The article does not contain any irrelevant or misleading information, sensationalism, redundancy, or opinion masquerading as fact. It does not include any bias or personal perspective. Overall, the article provides accurate and objective information about the cybersecurity incident and its impact on LivaNova.

Noise Level: 7
Justification: The article provides some relevant information about a cybersecurity incident at LivaNova and the impact on its business operations. However, it lacks specific details about the incident, the extent of the impact, and the actions taken to remediate the issue. It also does not provide any analysis or insights into the long-term trends or consequences of the incident. Overall, the article is relatively short and lacks depth and context.

Financial Relevance: Yes
Financial Markets Impacted: LivaNova

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to a cybersecurity incident that has disrupted LivaNova’s information technology systems. While it is a financial event, there is no mention of an extreme event or its impact rating.

Reported publicly: www.marketwatch.com