Victoria’s Secret has postponed its upcoming quarterly earnings report release following a security incident. The lingerie retailer announced the delay, citing an event involving a third-party vendor.
The security breach affected the vendor responsible for handling certain data for the company. As a result of this incident, Victoria’s Secret needs additional time to ensure the accuracy and completeness of its financial reporting before sharing the results publicly.
The earnings report, which was originally scheduled for release soon, will now be issued on a later date. The company is working to resolve the issues stemming from the data breach and finalize its financial statements. This delay underscores the importance of cybersecurity and the potential impact of vendor security on corporate operations and reporting timelines.
Source: https://www.bleepingcomputer.com/news/security/victorias-secret-delays-earnings-release-after-security-incident/
