Victoria's Secret Website Offline After Cyberattack Disrupts Sales

Victoria's Secret Website Offline After Cyberattack

Victoria's Secret is currently dealing with the fallout from a recent cyberattack, which has necessitated the shutdown of its website. The incident has significantly impacted online sales.

Impact on Sales and Stock Price

The disruption, which began earlier this week, has not only halted online sales but has also led to a notable 8% decrease in the company's share price since Tuesday.

Precautionary Measures

As a precautionary measure, Victoria's Secret has also taken some in-store services offline. However, physical stores remain open and operational.

Ongoing Investigation

Teams are working diligently to restore full website functionality. The exact timeline of the security breach is yet to be confirmed, and the perpetrators remain unknown. The Ohio-based company is prioritizing the resolution of the issue and the strengthening of its security systems.