In a filing with the Securities and Exchange Commission, Bassett Furniture disclosed that while the operations of its retail stores and e-commerce platforms continue, order fulfillment activities have been affected by the ransomware incident, which has not yet been admitted by any threat operation. Despite ongoing efforts to implement workarounds, such an intrusion “has had and is reasonably likely to continue to have a material impact on the Company’s business operations until recovery efforts are completed,”

Source: SC Magazine