DisclosureLens
FEDERALItem 8.01 · voluntarySocial EngineeringOtherBECMediumActive

NioCorp Developments Ltd.

bd_d3f580df6332da81 · schema v1 · pii pii-v1

Severity

Medium

Financial impact

$500K

Discovered

Feb 14, 2025

Filed

Feb 19, 2025

To disclose

5 days

Affected

Not disclosed

Confidence

66%
Full breach record for NioCorp Developments Ltd.

NioCorp Developments Ltd. (CIK 0001512228) filed an 8-K on February 19, 2025, disclosing a cybersecurity incident discovered on February 14, 2025. Unauthorized third-party access to email systems resulted in misdirected vendor payments totaling approximately $0.5 million. The Company notified financial institutions and federal law enforcement. The investigation is ongoing, and the full scope is not yet known.

Incident timeline

discovery → filing · 5 days

Feb 14, 2025

Discovered

Feb 19, 2025

Filed

vs. sector median

7 wks faster

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

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.