Krispy Kreme

Krispy Kreme

On **Black Friday 2024**, Krispy Kreme detected unauthorized network activity, marking the start of a **cyber-attack** that crippled its **online ordering system until December 30, 2024**. The incident led to **significant financial and operational disruptions**, including lost digital sales revenue, cybersecurity advisory fees, and system restoration costs, all of which materially impacted the company’s financial condition. Months later, in **May 2025**, Krispy Kreme disclosed that **nearly 62,000 individuals** had their **highly sensitive data stolen**, including **Social Security numbers, financial account details, passport numbers, and biometric data**. The breach exploited potential holiday-season vulnerabilities, such as understaffed security teams and relaxed IT monitoring. The prolonged investigation and recovery underscored the attack’s severity, with long-term reputational and financial repercussions for the company.

Source: https://www.jdsupra.com/legalnews/privacy-security-spooky-season-is-upon-9543734/

TPRM report: https://www.rankiteo.com/company/krispy-kreme

"id": "kri5093650100125",
"linkid": "krispy-kreme",
"type": "Cyber Attack",
"date": "12/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': '62,000 individuals',
                        'industry': 'food and beverage (donut retail)',
                        'location': 'United States (global operations)',
                        'name': 'Krispy Kreme',
                        'type': 'public company'}],
 'customer_advisories': 'yes (notified 62,000 affected individuals in May '
                        '2025)',
 'data_breach': {'data_exfiltration': 'yes',
                 'number_of_records_exposed': '62,000',
                 'personally_identifiable_information': 'yes',
                 'sensitivity_of_data': 'high',
                 'type_of_data_compromised': ['personally identifiable '
                                              'information (PII)',
                                              'financial data',
                                              'biometric data',
                                              'government-issued IDs (SSNs, '
                                              'passports)']},
 'date_detected': '2024-11-29',
 'date_publicly_disclosed': '2024-12-11',
 'date_resolved': '2024-12-30',
 'description': 'On Black Friday 2024, Krispy Kreme detected unauthorized '
                'activity on its network, leading to a cyberattack that '
                'disrupted its online ordering system until December 30, 2024. '
                'The incident resulted in the theft of sensitive personal data '
                'of nearly 62,000 individuals, including Social Security '
                'numbers, financial account information, passport numbers, and '
                'biometric data. The attack was disclosed in an SEC filing on '
                'December 11, 2024, with expected material financial and '
                'operational impacts. The company continued its investigation '
                'into 2025, confirming the data breach in May 2025.',
 'impact': {'brand_reputation_impact': 'high (public disclosure of sensitive '
                                       'data breach)',
            'data_compromised': ['Social Security numbers',
                                 'financial account information',
                                 'passport numbers',
                                 'biometric data',
                                 'personally identifiable information'],
            'downtime': '31 days (November 29, 2024 – December 30, 2024)',
            'financial_loss': 'material impact (revenue loss from digital '
                              'sales, cybersecurity expert fees, system '
                              'restoration costs)',
            'identity_theft_risk': 'high (SSNs, financial data, biometric data '
                                   'exposed)',
            'operational_impact': 'online ordering system offline, extended '
                                  'investigation period',
            'payment_information_risk': 'high (financial account information '
                                        'compromised)',
            'revenue_loss': 'loss of digital sales during peak holiday season',
            'systems_affected': ['online ordering system']},
 'initial_access_broker': {'high_value_targets': ['customer PII',
                                                  'financial data']},
 'investigation_status': 'completed (as of May 2025 notification)',
 'lessons_learned': 'Hackers exploit holiday periods when security teams may '
                    'be understaffed or monitoring relaxed. Proactive security '
                    'measures, employee training, and incident response '
                    'preparedness are critical during high-risk periods like '
                    'Black Friday.',
 'motivation': ['financial gain', 'data theft'],
 'post_incident_analysis': {'root_causes': ['potential understaffing during '
                                            'holidays',
                                            'relaxed IT monitoring',
                                            'exploitation of peak transaction '
                                            'periods']},
 'ransomware': {'data_exfiltration': 'yes'},
 'recommendations': ['Verify payment details independently to prevent wire '
                     'transfer fraud, especially during holidays.',
                     'Ensure compliance with state privacy laws (e.g., Oregon '
                     'Consumer Privacy Act) to avoid fines.',
                     'Strengthen cybersecurity defenses ahead of high-risk '
                     'periods (e.g., holidays).',
                     'Review and test incident response plans regularly.',
                     'Monitor for unauthorized activity with heightened '
                     'vigilance during peak seasons.'],
 'references': [{'source': 'Krispy Kreme SEC Filing (December 11, 2024)'},
                {'source': 'Krispy Kreme Customer Notification (May 2025)'}],
 'regulatory_compliance': {'regulatory_notifications': ['SEC filing (December '
                                                        '11, 2024)']},
 'response': {'communication_strategy': 'SEC filing (December 11, 2024), '
                                        'customer notification (May 2025)',
              'incident_response_plan_activated': 'yes (investigation '
                                                  'initiated post-detection)',
              'recovery_measures': 'online ordering system restored by '
                                   'December 30, 2024',
              'remediation_measures': 'system restoration, ongoing '
                                      'investigation',
              'third_party_assistance': 'yes (cybersecurity experts and '
                                        'advisors engaged)'},
 'title': 'Krispy Kreme Black Friday 2024 Cyberattack and Data Breach',
 'type': ['cyberattack',
          'data breach',
          'ransomware (implied by disruption and data theft)']}
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