MarineMax SOS Signal: Yacht traders battle pirates of the digital seas

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The largest company in its field is still assessing the damage caused by the devastating attack.

MarineMax, one of the world's largest recreational boat, yacht and superyacht companies , has suffered a major cyberattack, the U.S. Securities and Exchange Commission reported this week.

According to the firm's statement, last Sunday unknown intruders gained unauthorized access to some of its information systems. MarineMax promptly activated its response protocols and took measures to localize the threat. However, these countermeasures resulted in temporary disruptions to some units.

Despite the incident, MarineMax's core operations were not disrupted. Leading cybersecurity experts and law enforcement agencies were involved in a comprehensive investigation of the incident. At the moment, the company does not disclose details about the nature of the attack. It is not known whether a ransomware scenario with data blocking took place.

MarineMax said in a statement that no confidential information was stored in the compromised systems. However, analysts are still assessing possible damage in the long term, although so far the incident has not had a "significant" impact on the business.

MarineMax's financial performance in 2023 reached a record high of $2.39 billion in revenue. Major cyberattacks also affected a number of other giants in the shipbuilding industry, such as Brunswick Corporation, where the hack cost $85 million, and the German manufacturer of military and luxury yachts.
 
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