2022-02-22 EXPEDITORS INTERNATIONAL OF WASHINGTON INC Cybersecurity Incident

Page last updated on April 11, 2024

EXPEDITORS INTERNATIONAL OF WASHINGTON INC initially disclosed a cybersecurity incident in an SEC 8-K filing on 2022-02-22 12:03:15 EST.

Incident Details

Material: Unknown
Is Breach: Unknown
Records Compromised: Unknown
Data Types Impacted: No Data Types Tracked (yet)

Compromised Date:
Detected Date:
Disclosure Date: 2022-02-20
Contained Date:
Recovered Date:

Attack Goal: Unknown

Costs: No Costs Tracked (yet)

Filings

8-K filed on 2022-02-22

EXPEDITORS INTERNATIONAL OF WASHINGTON INC filed an 8-K at 2022-02-22 12:03:15 EST
Accession Number: 0001564590-22-005838

Item 8.01 Other Events.

On February 20, 2022 Expeditors International of Washington, Inc., a Washington corporation, issued a press release announcing that it was the subject of a targeted cyberattack. A copy of the press release is furnished as Exhibit 99.1 to this report.

Exhibit No. 99.1

EXPEDITORS TARGETED IN CYBERATTACK

SEATTLE, WASHINGTON - February 20, 2022, Expeditors International of Washington, Inc. (NASDAQ:EXPD) announced that on February 20, 2022, we determined that our company was the subject of a targeted cyber-attack. Upon discovering the incident, we shut down most of our operating systems globally to manage the safety of our overall global systems environment. The situation is evolving, and we are working with global cybersecurity experts to manage the situation. While our systems are shut down we will have limited ability to conduct operations, including but not limited to arranging for shipments of freight or managing customs and distribution activities for our customers’ shipments.

The security of our systems, minimizing the impacts on our customers, and providing our customers with timely and accurate information are our highest priorities. We are conducting a thorough investigation to ensure that our systems are restored both promptly and securely, and on a parallel track, evaluating ways with our carriers and service providers to mitigate the impact of this event on our customers. Since it is extremely early in the process, we cannot provide any specific projections on when we might be operational, but we will provide regular updates when we are able to do so confidently.

We are incurring expenses relating to the cyber-attack to investigate and remediate this matter and expect to continue to incur expenses of this nature in the future. Depending on the length of the shutdown of our operations, the impact of this cyber-attack could have a material adverse impact on our business, revenues, results of operations and reputation.

Further communications will be shared as we manage through this significant event.

Company Information