VF Corporation, a renowned figure in the fashion industry, has recently suffered a data breach. This poses a potential risk to as many as 35 million customers who patronize its popular brands such as Vans, The North Face, and Eastpak.
The breach was first detected in mid-December, with unusual activity reported on the system on the 13th of the month. Customers who have made purchases from these brands might have seen their personal data exposed. However, it must be noted that the stolen data did not include customer passwords or banking information.
With an aggregate value of .3 billion, the VF Corp brands constitute a major player in the fashion industry. Following the discovery of the data breach, the corporation promptly informed the U.S. Securities and Exchange Commission (SEC), as stipulated by law.
Two days after the detection of the breach, all unauthorized users were promptly removed from the systems. Furthermore, VF Corp was compelled to address operational disruptions caused by the encryption of its computer systems in the past month. Minor operational impacts persist, a testament to the severity of this incident.