Unscrupulous cybercriminals have successfully pilfered sensitive customer information from Adidas, Victoria's Secret, and Cartier.
Here's a lowdown on the recent cyberattacks at these high-end brands, along with some snippets on what companies typically do after data breaches.
The Attack on the Luxury Titans
French jeweler Cartier, American lingerie giant Victoria's Secret, and German sportswear venture Adidas have fallen victim to cybercrime. While no passwords or payment card data were compromised in Cartier's case, the cybercriminals did make off with customer information like names, email addresses, and phone numbers.
Adidas reported that "unauthorized parties" accessed certain customer data via an external service provider. They swiftly acted to quarantine the breach, collaborating with security experts to investigate the situation thoroughly. The company is now in the process of reaching out to potentially affected customers and reporting the matter to relevant authorities.
Victoria's Secret took its website and online store offline following a cyberattack in late May, potentially impacting Q2 results and pushing back the release of their Q1 earnings, initially scheduled for June 5.
Breaches Galore
In recent days, British retailer Marks & Spencer and outdoor apparel brand The North Face have also been under the torch of hackers.
After the Storm: What Companies Do
When it comes to beefing up their cybersecurity measures after data breaches, companies usually focus on the following tasks:
- Enhanced Third-Party Security: Strengthening security controls for external vendors to prevent similar breaches.
- Regular Security Audits: Frequent checks to spot system vulnerabilities.
- Employee Training: Educating employees on best cybersecurity practices to reduce internal risks.
- Customer Notification and Support: Keeping customers informed and offering support.
- Investment in Advanced Security Tools: Deploying advanced threat detection systems and encryption technologies to bolster data protection.
Adidas, for instance, has been busy containing the breach, conducting a thorough investigation, and informing customers and authorities alike. They're also likely to boost their efforts towards third-party vendor security in the future. Victoria's Secret and Cartier are expected to follow a similar path to improve their overall cybersecurity posture.
The Commission has also been asked to submit a proposal for a directive on the protection of personal data, considering the recent cyberattacks on high-end brands like Adidas, Victoria's Secret, and Cartier. In light of these incidents, companies are increasingly focusing on enhanced third-party security, regular security audits, employee training, customer notification and support, and investment in advanced security tools to improve their cybersecurity technology and general-news approach towards crime and justice.
