Tip Ranks reports:
V.F. Corp., the name behind brands such as The North Face, Timberland, Dickies, and Vans, announced that a cyber incident in December resulted in the data breach of nearly 35.5 million customers.
Last month, the cyber incident hampered VFC’s order fulfillment on its eCommerce portal. At the time, the company expected the unauthorized activity to materially impact its business. However, it does not expect the incident to significantly impact its financials now.
VFC has now substantially restored its IT infrastructure and clarified that it does not store customers’ social security numbers, bank details, or card information. Additionally, the company found no evidence of any customer passwords being stolen, according to Reuters.
Read more at TipRanks.
