The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: January 15, 2025
Today: January 15, 2025

VF Corp's cyber incident causes data breach of 35.5 million consumers

A person walks by a Vans store, a brand owned by VF Corporation, in Manhattan, New York City
April 26, 2024
Reuters - Reuters

(Reuters) - Vans sneaker maker VF Corp said on Thursday the cyber incident that hit the company in December led to a breach of personal data of about 35.5 million consumers, and added that it does not expect a material impact to its financials.

The unauthorized activity, detected on Dec. 13, disrupted global customer orders on its e-commerce site, delayed order fulfillment and led to cancellation of some product orders, VF disclosed in a regulatory filing.

However, the company said it does not collect or retain any consumer social security numbers, bank account information or payment card information in its IT systems, adding that there is no evidence to date that any consumer passwords were acquired.

The company said it has substantially restored the IT systems and data that were impacted by the cyber incident, while working through minor operational issues.

(Reporting by Mariam Sunny in Bengaluru; Editing by Shailesh Kuber)

Related

Business|Political|Technology|US

TikTok seeks to reassure U.S. employees ahead of Jan. 19 ban deadline

TikTok plans to keep paying U.S. employees even if the Supreme Court does not overturn a law that would force the sale of the short-video app in the U.S

TikTok seeks to reassure U.S. employees ahead of Jan. 19 ban deadline
Asia|Business|Economy|Finance|Political

Japan likely to miss primary budget surplus target for FY2025, sources say

Japan is likely to miss achieving its goal of running a primary budget surplus by the next fiscal year, according to three sources with knowledge of fresh

Japan likely to miss primary budget surplus target for FY2025, sources say
Asia|Business|Economy|Finance|Stock Markets

Oil little changed as falling US stockpiles outweigh soft demand outlook

Oil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and expectations of supply disruptions from sanctions on Russian

Oil little changed as falling US stockpiles outweigh soft demand outlook
Business|Economy|Political|Technology|US

Chip industry groups slam expected rules in private letter to Biden

A half-dozen trade groups from the semiconductor and manufacturing industries sent a private letter to U.S.

Chip industry groups slam expected rules in private letter to Biden
Share This

Popular

Asia|Business|Economy|Finance

BOJ will raise rates if economy, price conditions continue to improve, Ueda says

BOJ will raise rates if economy, price conditions continue to improve, Ueda says
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian stocks mixed ahead of US inflation data

Stock market today: Asian stocks mixed ahead of US inflation data
Asia|Business|Economy|Political|US

Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ

Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ
Business|Economy|Europe|Finance

ECB betting on services prices to get inflation back to target, Lane says

ECB betting on services prices to get inflation back to target, Lane says