December saw VF Corp report that the attack hampered the completion of holiday orders.
VF Corporation, a major garment supplier, has followed up on its notice of a hack that occurred in December by submitting its most recent form to the Securities and Exchange Commission, in which it admitted to a data breach that affected as many as 35.5 million customers. This indicates that you may have been affected if you have made purchases from its major brands, which include Vans, North Face, Timberland, Dickies, and other companies. However, VF Corporation continues to maintain that the event will not disrupt the company’s financial performance.
At first, VF Corporation issued a warning to its consumers, stating that the cyberattack that it had experienced in December would have an effect on the fulfillment of its holiday orders. “Unauthorized occurrences” on the company’s information technology systems were the source of operational problems, and the corporation stated that the attackers most likely took personal information. In light of recent events, it has become clear how extensive the harm caused by the attack could be.
A request for clarification from VF Corporation to clarify the nature of the material that was stolen by the hackers was not met with a response. However, the company stated in the statement with the SEC that it did not gather any information about the social security numbers, bank accounts, or payment cards of its customers, and that there is no evidence that the hackers stole passwords. In addition, it stated that the illegal users had been “ejected” from its systems on the 15th of December, following their discovery two days earlier.
“Since the filing of the Original Report, VF has substantially restored the IT systems and data that were impacted by the cyber incident, but continues to work through minor operational impacts,” according to the most recent application. It has not yet been established by VF who was responsible for the attack.