FEDERALItem 8.01 · voluntarySocial EngineeringFinancial ServicesFinanceHighActive

Orion S.A.

bd_adfbf6cbdd8b6061 · schema v1 · pii pii-v1

Severity

High

Financial impact

$60.00M

Discovered

Aug 10, 2024

Filed

Aug 12, 2024

To disclose

2 days

Affected

Not disclosed

Confidence

69%

Full breach record for Orion S.A. →2 incidents on file

Orion S.A. disclosed a criminal scheme targeting a non-NEO employee, resulting in fraudulently induced outbound wire transfers to unknown third parties; absent further recoveries the Company expects a one-time pre-tax charge of approximately $60 million. The Company currently does not believe the incident resulted in unauthorized access to data or systems. The company is cooperating with law enforcement and pursuing recovery through legal means and insurance. The investigation remains ongoing.

J jump to incidentP pin to compareR raw source

Incident timeline

discovery → filing · 2 days

Aug 10, 2024

Discovered

Aug 12, 2024

Filed

vs. sector median

9 wks faster

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

Name: Orion S.A.
norm: orion
SEC CIK: 0001609804
Domain: orionworld.com

Name: Orion S.A.
norm: orion
SEC CIK: 0001609804
Domain: orionworld.com
Industry: Financial Servicesllm

Discovered: Aug 10, 2024
Materiality determined: —
Notification sent: —
Affected individuals: Not disclosed
Data types: —
Attack vector: Unknown
Threat actor: ExternalFinancial

During the incident: Cooperated, and will continue to cooperate, with law enforcement
Intends to pursue recovery of these funds through all legally available means, including potentially available insurance coverage
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 2 days(2 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/1609804/000095014224002170/eh240519238_8k.htm
DisclosureLens renders the full SEC/HHS filing inline below from the originating regulator’s public record (§4.5 fair report privilege).
Filed at: Aug 12, 2024
Raw hash: 9bf396a0cf7836f666aa7f901ec124df07523a983e6215b4d65ec28620d59e35

AI-assisted summary above. The structured extract on this page was generated from the document below. Inspect the source to verify or correct any field.

text/html26.9 KB

Download View at source

Reporting entityOrion S.A.

Victim entityOrion S.A.

Incidentdiscovered Aug 10, 2024

Stated responseCooperated, and will continue to cooperate, with law enforcement

Complianceclock not assessable

Extraction provenanceno artifact recorded

Source provenancewww.sec.gov

Source filing