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Operational Disruptions

All articles tagged with #operational disruptions

cybersecurity2 years ago

VF Corp, Owner of Vans and North Face, Suffers Major Cyberattack Impact

VF Corporation, the owner of popular brands like Vans, The North Face, and Timberland, has disclosed a ransomware attack that occurred on December 13, 2023. The attack resulted in operational disruptions, with some IT systems being encrypted and personal data being stolen. While the impact on physical retail stores is expected to be minimal, customers may experience delays in online order fulfillment. VF Corp is working to bring affected systems back online and assess the full extent of the breach's impact on its financials and operations.