Victorias Secret restores critical systems after cyberattack

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operates around 1380 retail stores in nearly 70 countries and has reported net sales of 1353 billion for the first quarter of 2025 with a forecasted net sales range of up to 63 billion for the yearppIn a Thursday filing with the US Securities and Exchange Commission the company disclosed that all restored critical systems are now fully operational and that its working with external experts to assess the cyberattacks impactppIt also believes the incident will likely have no material impact on its yearly fiscal results even though it may continue to incur expenses related to the attackppWe immediately enacted our response protocols to contain and eradicate unauthorized network access and thirdparty experts were engaged All critical systems are restored and fully operational Victorias Secret saidppWe continue to assess the full scope and impact of the incident This incident has not caused a material disruption to our operations to date and we do not believe it will have a material impact to our fiscal year 2025ppAs the company revealed after disclosing the incident last month it was forced to take down corporate systems some instore services and the ecommerce website as a precaution on May 26ppA Victorias Secret spokesperson told BleepingComputer that the fashion retail giant was working to restore operations and had hired external experts to investigate the breachppIn a June 3 press release Victorias Secret added that it had to postpone releasing financial results for the first quarter because systems needed during this process were unreachable after the attackppThe restoration process has prevented employees from accessing certain systems and information needed to support the Companys release of its financial results for the first quarter ended May 3 2025 it stated As a result the Company is postponing the date of its previously announced first quarter 2025 earnings release and earnings call webcastppVictorias Secret didnt reply to an email from BleepingComputer requesting more details on the nature of the incident and no ransomware operations have claimed responsibility for the attack since thenppThis security incident follows a series of attacks targeting other fashion companies in recent weeks including French luxury fashion brands Cartier and Dior German sportswear giant Adidas was also breached last month with the threat actors stealing some of its customers data after hacking into a customer service providers systemsppStarting in April a campaign linked to Scattered Spider threat actors and the DragonForce ransomware gang has also targeted multiple retailers across the United Kingdom including Marks Spencer Coop and HarrodsppJoin the Breach and Attack Simulation Summit and experience the future of security validation Hear from top experts and see how AIpowered BAS is transforming breach and attack simulationppDont miss the event that will shape the future of your security strategyppAuchan retailer data breach impacts hundreds of 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