VF Corp, parent company of Supreme, the North Face and Vans, impacted by cybersecurity incident


The parent company behind popular brands like The North Face, Supreme and Vans said it experienced a cybersecurity incident that affected its online order fulfillment capabilities.

VF Corp. said in a Monday filing with the Securities and Exchange Commission that a threat actor recently encrypted some of its information technology (IT) systems, leading to online order fulfillment and other operational disruptions.

Data was also taken, the clothing company said.

VF Corp. is “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,” according to the filing.

FOX Business reached out to VF Corp. for additional comment.

Customers can still buy items from VF’s physical locations around the world and make purchases on “most” of their brand’s websites, the company said in the filing.

VF Corp. operates more than 1,200 stores as of September. Its other brands include Timberland, Dickies and JanSport.


VF Corp experienced a cybersecurity incident that affected its online order fulfillment capabilities.
VF Corp experienced a cybersecurity incident that affected its online order fulfillment capabilities. Getty Images

Customers can still buy items from VF’s physical locations around the world and make purchases on “most” of their brand’s websites, the company said in the filing.

VF Corp. operates more than 1,200 stores as of September. Its other brands include Timberland, Dickies and JanSport.

It disclosed it did not yet know if the company would see a material financial impact due to the cybersecurity incident that it continued to investigate.

It did note the incident was “reasonably likely to continue to have a material impact on the Company’s business operations until recovery efforts are completed.”



Source link