HPE Files 8-K for Material Cybersecurity Incident; Details Pending

TL;DR

**HPE filed an 8-K for a cybersecurity incident, but the details are missing.**

AI Summary

This 8-K filing from Hewlett Packard Enterprise Company (HPE) on January 24, 2024, indicates a filing under Item 1.05, which pertains to Material Cybersecurity Incidents. However, the provided text is incomplete and abruptly cuts off before detailing any specific incident. This matters to investors because cybersecurity incidents can lead to significant financial losses, reputational damage, and regulatory penalties, directly impacting the stock's value and future performance.

Why It Matters

A material cybersecurity incident could expose HPE to financial losses, legal liabilities, and damage its brand, directly affecting shareholder value.

Risk Assessment

Risk Level: medium — The filing signals a potential cybersecurity incident, which carries inherent risks, but the lack of details prevents a full assessment of its severity.

Analyst Insight

Investors should monitor subsequent filings or company announcements for details regarding the nature and scope of the cybersecurity incident to assess potential financial and operational impacts on HPE.

Key Players & Entities

• Hewlett Packard Enterprise Company (company) — the registrant filing the 8-K
• HPE (company) — trading symbol for Hewlett Packard Enterprise Company
• January 19, 2024 (date) — date of earliest event reported
• January 24, 2024 (date) — filing date of the 8-K
• 001-37483 (other) — Commission File Number
• 1701 East Mossy Oaks Road, Spring, TX 77389 (other) — principal executive offices address
• 678-259-9860 (other) — registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — ich registered Common stock, par value $0.01 per share HPE NYSE Indicate by check

Filing Documents

• hpe-20240119.htm (8-K) — 31KB
• 0001645590-24-000009.txt ( ) — 169KB
• hpe-20240119.xsd (EX-101.SCH) — 2KB
• hpe-20240119_def.xml (EX-101.DEF) — 3KB
• hpe-20240119_lab.xml (EX-101.LAB) — 27KB
• hpe-20240119_pre.xml (EX-101.PRE) — 14KB
• hpe-20240119_htm.xml (XML) — 3KB

05 Material Cybersecurity Incidents

Item 1.05 Material Cybersecurity Incidents On December 12, 2023, Hewlett Packard Enterprise Company (the "Company," "HPE," or "we") was notified that a suspected nation-state actor, believed to be the threat actor Midnight Blizzard, the state-sponsored actor also known as Cozy Bear, had gained unauthorized access to HPE's cloud-based email environment. The Company, with assistance from external cybersecurity experts, immediately activated our response process to investigate, contain, and remediate the incident, eradicating the activity. Based on our investigation, we now believe that the threat actor accessed and exfiltrated data beginning in May 2023 from a small percentage of HPE mailboxes belonging to individuals in our cybersecurity, go-to-market, business segments, and other functions. While our investigation of this incident and its scope remains ongoing, the Company now understands this incident is likely related to earlier activity by this threat actor, of which we were notified in June 2023, involving unauthorized access to and exfiltration of a limited number of SharePoint files as early as May 2023. Following the notice in June, we immediately investigated with the assistance of external cybersecurity experts and took containment and remediation measures intended to eradicate the activity. Upon undertaking such actions, we determined that such activity did not materially impact the Company. We have notified and are cooperating with law enforcement and are also assessing our regulatory notification obligations, and we will make notifications as appropriate based on our investigation findings. As of the date of this filing, the incident has not had a material impact on the Company's operations, and the Company has not determined the incident is reasonably likely to materially impact the Company's financial condition or results of operations.

Forward-looking statements

Forward-looking statements. This Form 8-K contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties, and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise Company and its consolidated subsidiaries ("Hewlett Packard Enterprise") may differ materially from those expressed or implied by such forward-looking statements and assumptions. The words "believe," "expect," "anticipate," "intend," "will," "may," and similar expressions are intended to identify such forward-looking statements. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any ongoing investigations, potential findings, or potential financial or operational impacts of the aforementioned incident. Risks, uncertainties and assumptions include those that are described in Hewlett Packard Enterprise's Annual Report on Form 10-K for the fiscal year ended October 31, 2023, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and that are otherwise described or updated from time to time in Hewlett Packard Enterprise's Securities and Exchange Commission reports. Hewlett Packard Enterprise assumes no obligation and does not intend to update these forward-looking statements, except as required by applicable law. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HEWLETT PACKARD ENTERPRISE COMPANY DATE: January 24, 2024 By: /s/ Jon

View Full Filing

View this 8-K filing on SEC EDGAR