Victoria’s Secret Says It Will Postpone Earnings Report After Recent Security Breach

Victoria’s Secret Says It Will Postpone Earnings Report After Recent Security Breach

Victoria’s Secret experiences a major security breach that halts its operations and delays quarterly earnings. The incident, suspected to be ransomware-related, highlights the growing threat to retail companies’ digital infrastructure. #VictoriaSecretsecurity #Ransomware #RetailCyberattacks

Keypoints

  • Victoria’s Secret detected a security incident on May 24 and responded promptly.
  • The breach caused the temporary shutdown of its U.S. website and some in-store services.
  • The company suggests the incident may involve ransomware, affecting its operations.
  • As a result, Victoria’s Secret has delayed the release of its first-quarter earnings.
  • Other retailers like M&S, Harrods, and Adidas have also recently faced cyberattacks, emphasizing industry-wide risks.

Read More: https://www.securityweek.com/victorias-secret-says-it-will-postpone-earnings-report-after-recent-security-breach/