Overview

• Victoria’s Secret took its website and some in-store services offline on May 26 after detecting a security incident during its Memorial Day sale.
• The disruption hit e-commerce that generated roughly one-third of the company’s $6.23 billion revenue last year and sent shares tumbling about 7 percent.
• A company spokesperson said the shutdown was purely precautionary and that third-party cybersecurity teams were immediately engaged to investigate the breach.
• Physical Victoria’s Secret and PINK stores remained open and fully operational while the retailer addressed its digital systems.
• By May 30, the company confirmed its website was back online, though it has not yet disclosed the breach’s exact nature or any customer data impact.