Local

Krispy Kreme reaches $1.6M settlement over cyberattack

Krispy Kreme Krispy Kreme is considering Winston-Salem for a $5.8 million investment in product manufacturing. (LLOYD WHITTINGTON.)

CHARLOTTE — Krispy Kreme has reached a $1.6 million settlement over a cyberattack.

The settlement is a step toward compensating more than 161,000 current and former employees, our partners at The Observer reported.

Krispy Kreme denied any wrongdoing for the 2024 cyberattack.

The Charlotte-based doughnut company agreed to the settlement to avoid more costs and disruptions, according to court records.


VIDEO: CLT Donut Festival raises money, awareness for testicular cancer

0