Medtronic Reports Unauthorized Access to Data in Its IT Systems

Summary

Medtronic reported that an unauthorized third party accessed data in some IT systems. The company says it contained the incident and is investigating; it has not identified impacts to products, patient safety, or operations.

Key points

• Medtronic said an unauthorized third party accessed data in certain company IT systems.
• The company says it took steps to contain the incident, activated incident response protocols, and engaged external cybersecurity experts.
• Medtronic has not identified impacts to products, patient safety, customer connections, manufacturing, distribution, or financial reporting systems.
• The investigation is ongoing, and the company says it does not currently expect a material impact on its business or financial results.