VF Corp Disrupted by Cyberattack, Online Operations Impacted

[rbc]

VF Corporation (NYSE: VFC), a company that owns and operates some of the biggest apparel and footwear brands, has been hit by a ransomware attack that included the theft of sensitive corporate and personal data.

In a filing with the SEC, VF Corp said the hackers disrupted business operations — including its ability to fulfill ecommerce orders — and hijacked data from the company, including personal data.

The company did not provide additional details on the stolen data, or whether third-party customer data was exposed.

“[We are] working to bring the impacted portions of its IT systems back online and implement workarounds for certain offline operations with the aim of reducing disruption to its ability to serve its retail and brand e-commerce consumers and wholesale customers,” VF Corp said.

The mega-corporation, which owns brands that include The North Face, Vans, Timberland, Smartwool and Dickies, said its retail stores around the world remain open but warned that it is experiencing “certain operational disruptions.”
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VF Corp Disrupted by Cyberattack, Online Operations Impacted