Victoria’s Secret's website was shut down due to a security incident, with no details on the nature or start date of the incident disclosed.
High-profile cyber attacks have been affecting companies recently, with breaches reported at Adidas, Snowflake, and other major organizations.
Increased reliance on third-party providers in various business operations has raised concerns about cybersecurity vulnerabilities.
Data breaches involving third parties have doubled from 15% to 30% in recent years, leading to more breach-related lawsuits and financial concerns for companies.