Hackers on a Role: Latest Data Breaches at Adidas, Victoria's Secret, and Cartier
Data thieves successfully swipe personal details from Adidas, Victoria's Secret, and Cartier clientele.
Who needs banks when you can hit luxury brands, right? After Data breaches at The North Face and Marks & Spencer, these high-end retailers have become a new soft target for cybercriminals. The latest victims include French jeweler Cartier, U.S. lingerie retailer Victoria's Secret, and German sportswear company Adidas.
Despite the glitz and glamour, these affluent brands can't seem to escape the clutches of cybercriminals. The trove fetched includes names, emails, and even phone numbers of their customers, but lucky for them, no credit card or payment-related data was compromised, at least not yet!
Cartier, one of Richemont's luxury jewels, has suffered a blow as hackers swiped customer data like it was a burst sale on diamonds. But relax, folks, no need to panic. Although names and emails took a hit, they've been tightening up their security and even roped in outside help for an overhaul.
Adidas, the Bavarian sneaker giant, has also fallen prey to these digital bandits. They've come clean about an incident where unauthorized parties sneaked their way into customer data via an external service provider. Not to be a downer, but aside from contact data, no passwords, payment details, or credit card information have been touched.
Victoria's Secret, who seems to be in quite the pickle, had to temporarily shut down their website post a cyberattack in late May. This could dance a number on their second-quarter earnings and muck up the scheduled release of their first-quarter financials, set for June 5.
Other victims of the hacker's rampage have been British retailer Marks & Spencer and The North Face, an outdoor brand under U.S. apparel group VF Corporation. Hard to shake off that feeling of being out in the cold when it comes to digital security, isn't it?
Adidas' Post-Attack Measures
Flailing around after a data breach is never a smart move. So what did Adidas do? They swung into action with containment efforts and roped in cybersecurity experts to dig deeper. They also saw to it that they complied with data protection norms like GDPR and CCPA by swiftly alerting affected users and authorities. They're likely to be giving their vendor risk management strategies a thorough review, too!
What About Victoria's Secret and Cartier?
Unfortunately, there's not much to report on what these brands plan to do post-attack. We'll keep our eyes peeled for updates!
Security Measures for Companies After a Data Breach
Don't just sit there with your thumbs up your backside! After a data breach, it's crucial to ratchet up your security game:
- Supervise Your Systems: Regularly check your systems for potential weaknesses and vulnerabilities.
- Multi-layer Protection: Implement multiple security layers including robust passwords, two-factor authentication (2FA), and robust security software.
- Zero Trust Policy: Adopt a Zero Trust framework to limit data access and continuously authenticate external partners.
Avoid being the next headline by beefing up your security measures! Who knows, maybe you'll even foil an attack before it happens. Wouldn't that be a twist?
The Commission has been asked to submit a proposal for a directive on the protection of personal data, especially in the context of the recent cyberattacks on high-end retailers such as Cartier, Victoria's Secret, and Adidas. The ongoing string of digital attacks on technology companies highlights the increasing importance of implementing strong cybersecurity measures, including regular system checks, multi-layer protection, and a Zero Trust policy.
