Subj : Vans, Supreme, North Face owner says cyberattack means it won't m
To   : All
From : TechnologyDaily
Date : Tue Dec 19 2023 14:15:05

Vans, Supreme, North Face owner says cyberattack means it won't make 
Christmas shipments

Date:
Tue, 19 Dec 2023 14:04:05 +0000

Description:
A ransomware attack has disrupted shipments of your favorite sports gear.

FULL STORY
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Major apparel retailers including Vans, Supreme, and The North Face wont make 
their Christmas shipments on time following a disruptive ransomware 
cyberattack that hit their parent company. 

In an SEC filing , VF Corporation (VF Corp.) said the data breach was first 
spotted on December 13, when threat actors disrupted its operations by 
encrypting some IT systems. VF Corp. further stated that the hackers stole 
personal data from the company, and that consequently, its ability to fulfill 
orders has been hindered. 

However this doesnt mean the brands arent taking orders as customers can 
still purchase goods from their favorite retailers, but the shipping 
calculator, estimating exactly when purchases might arrive, isnt working at 
this time. No names given 

In a statement to media, VF Corporation only issued a statement that repeated 
everything said to the regulators. Hence, at this time, we dont know who the 
threat actors are, which malware they used, what their demands are, or how 
much sensitive data they managed to exfiltrate from the companys systems. We 
dont know what that data includes, or if it belongs to the employees, 
customers, or clients. 

The only thing we know at the moment is that the attack will have a "material 
impact" on the business of the affected customers. "As the investigation of 
the incident is ongoing, the full scope, nature and impact of the incident 
are not yet known," the filing concluded. 

Usually, ransomware groups steal valuable data that they can exchange for 
cryptocurrencies, either with the victims, or on the black market. If its not 
proprietary data that could be useful to the competitors, then its customer 
data such as names, email addresses, Social Security Numbers, or even payment 
information. 

Via TechCrunch More from TechRadar Pro Mr Cooper says user data was exposed 
in data breach Here's a list of the best firewalls today These are the best 
endpoint protection services right now



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Link to news story:
https://www.techradar.com/pro/security/vans-supreme-north-face-owner-says-cybe
rattack-means-it-wont-make-christmas-shipments


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