Summary
Marriott International, Inc. (MAR) filed an 8-K on July 9, 2019, primarily to disclose information regarding the UK's Information Commissioner's Office (ICO) notification concerning the previously announced Starwood reservation database security incident. This filing serves as a mechanism to communicate the ICO's findings and any potential actions or penalties that may arise from their investigation. Investors should pay close attention to this development as it represents a significant regulatory event following the major data breach initially reported in November 2018. The company has attached the relevant press release as an exhibit, which is the primary source of detailed information provided in this filing.
Key Highlights
- 1Marriott International disclosed a notification from the UK's Information Commissioner's Office (ICO) regarding the Starwood reservation database security incident.
- 2This 8-K filing is a Regulation FD disclosure, incorporating a press release issued on July 9, 2019.
- 3The filing addresses a significant regulatory development following the data breach initially announced in November 2018.
- 4The press release, attached as Exhibit 99.1, contains the core information regarding the ICO's notification.
- 5The information furnished in this 8-K is not intended to be incorporated into other SEC filings.
Frequently Asked Questions
The main purpose of this 8-K filing is to formally disclose that Marriott International received a notification from the UK's Information Commissioner's Office (ICO) concerning the Starwood reservation database security incident.
The ICO is the UK's independent authority set up to uphold information rights in the public interest, promoting openness by public bodies and data for public good. Their notification to Marriott is significant because it relates to their investigation into the data breach and could potentially lead to regulatory action or fines under data protection laws like GDPR.
The Starwood reservation database security incident was first announced by Marriott International on November 30, 2018.
More details about the ICO's notification are provided in the press release issued by Marriott International on July 9, 2019, which is attached as Exhibit 99.1 to this 8-K filing.