LivaNova ‘believes it has contained the cybersecurity threat’ disclosed on 11/20

In a regulatory filing, LivaNova stated, “LivaNova is providing an update on operations with respect to the cybersecurity incident initially disclosed on November 20, 2023. At this time, all of the company’s manufacturing sites worldwide are substantially operating at normal levels. As previously disclosed, promptly after detecting the cybersecurity issue, the company began an investigation with assistance from external cybersecurity experts and coordinated with law enforcement. The company took certain actions to remediate the issue, such as taking certain systems offline. Due to these and other measures, the company believes it has contained the cybersecurity threat though its investigation and mitigation efforts are ongoing. The company continues to assess the full impact of the cybersecurity event on its business, results of operations, cash flows and financial condition.”