Victoria’s Secret Cyber Blunder: Lingerie Giant Gets Tangled in Security Scandal
Victoria’s Secret is delaying its quarterly earnings release due to a security breach. The incident forced the popular lingerie brand to pull its U.S. shopping site offline for several days, sparking shopper frustration and raising suspicion of a ransomware attack. Meanwhile, Victoria’s Secret revealed it expects $1.35 billion in first-quarter net sales.
Hot Take:
Looks like Victoria’s Secret isn’t just about lace and frills anymore—now they’re in the cybersecurity spotlight! Who knew a lingerie brand could have such a revealing online presence?
Key Points:
- Victoria’s Secret postponed quarterly earnings release due to a security breach.
- The breach led to temporary shutdowns of their U.S. website and some in-store services.
- Analysts suspect a ransomware attack, which is becoming increasingly common among retailers.
- Despite the breach, preliminary financials exceeded expectations with $1.35 billion in net sales.
- Other retailers like Marks & Spencer and Adidas have also faced recent cyberattacks.
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