FEDERALItem 8.01 · voluntaryMalwareManufacturingManufacturingRansomwareData EncryptedLowActive

Gates Industrial Corp Ltd.

bd_3799ffc5e70bf6c2 · schema v1 · pii pii-v1

Severity

Low

Discovered

Feb 11, 2023

Filed

Feb 14, 2023

To disclose

3 days

Affected

Not disclosed

Confidence

69%

Full breach record for Gates Industrial Corp Ltd. →2 incidents on file

Gates Industrial Corporation plc determined on February 11, 2023 that it was the target of a malware attack, which the filing also calls a ransomware attack. Containment suspensions left most facilities temporarily unable to produce and ship products. The company suspended affected systems, engaged cyber-security experts and outside advisors, and notified law enforcement. The filing says its investigation may reveal that PII was accessed; no count of affected individuals was disclosed.

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Incident timeline

discovery → filing · 3 days

Feb 11, 2023

Discovered

Feb 14, 2023

Filed

vs. sector median

10 wks faster

Tracked as a single-filing incident — the only disclosure on record for this event so far.ConfirmedView incident

Name: Gates Industrial Corp Ltd.
norm: gates industrial
SEC CIK: 0001718512
Domain: gates.com

Name: Gates Industrial Corp Ltd.
norm: gates industrial
SEC CIK: 0001718512
Domain: gates.com
Industry: Manufacturingllm

Discovered: Feb 11, 2023
Materiality determined: —
Notification sent: —
Affected individuals: Not disclosed
Data types: —
Attack vector: Ransomware
MITRE ATT&CK: T1486 Data Encrypted for Impact
Threat actor: ExternalFinancial
Regulator citations: notified appropriate law enforcement authorities

During the incident: Activated its incident response and business continuity plans
Initiated an investigation
Engaged the services of cyber-security experts and outside advisors
Notified appropriate law enforcement authorities
Suspended affected systems
Temporarily suspended additional systems
Changes made: Restored production and shipping at some of these facilities
Actively engaged in restoring the remaining affected systems
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 3 days(3 days from discovery to filing)
Compliance flags: — (clock not assessable for this source)

Status: No extraction artifact recorded for this disclosure.

Evidence ladder

Leak-site claim

Attacker assertion only. Establishes: claim date, group, alleged victim.

Press / market report

Unlocks: incident narrative, operational impact. Still no compliance clock.

State AG / regulator filing

Unlocks: discovery date, data types, affected count, compliance clock.

SEC 8-K / victim statementThis record

Unlocks: materiality, stated response, full audit trail. Ceiling removed.

Source URL: https://www.sec.gov/Archives/edgar/data/1718512/000171851223000016/
DisclosureLens renders the full SEC/HHS filing inline below from the originating regulator’s public record (§4.5 fair report privilege).
Filed at: Feb 14, 2023
Raw hash: 3596cd88603f6a74668a5b1785f06f00042a5a08e3dbd05a20bc59532a7cf3e0

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Reporting entityGates Industrial Corp Ltd.

Victim entityGates Industrial Corp Ltd.

Incidentdiscovered Feb 11, 2023

Stated responseActivated its incident response and business continuity plans

Complianceclock not assessable

Extraction provenanceno artifact recorded

Source provenancewww.sec.gov

Source filing