"We identified and are taking steps to address a security incident. We immediately enacted our response protocols, third-party experts are engaged, and we took down our website."
"According to the retailer's most recent annual report its online arm brought in just over $2 billion last year and accounted for around a third of its revenue."
"This is exactly the kind of scenario that digital extortionists like because it puts extra pressure on the victim to pay up."
"Retailers have had a rotten time of it lately on the cyber-safety front."
Victoria's Secret's website outage has lasted three days due to an unspecified security issue, prompting the company to establish response protocols and engage third-party experts. Although its physical stores remain operational, this incident is causing concern as the online segment accounts for about a third of their revenue. The situation has negatively affected stock prices, reflecting investor anxiety. The timing of the shutdown coincides with public holidays, a prime target for cybercriminals, and it follows a troubling trend of attacks on major retailers in recent weeks.
Read at Theregister
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