Toyota Discloses Yet Another Customer Data Security Breach
Portfolio Pulse from Lekha Gupta
Toyota Motor Corp (NYSE:TM) has disclosed another customer data security breach, potentially affecting customers in Asia and Oceania (excluding Japan). The breach may have exposed customer information such as names, phone numbers, email IDs, addresses, and vehicle details from October 2016 to May 2023.
May 31, 2023 | 12:31 pm
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Toyota Motor Corp (NYSE:TM) has disclosed another customer data security breach, potentially affecting customers in Asia and Oceania (excluding Japan). The breach may have exposed customer information such as names, phone numbers, email IDs, addresses, and vehicle details from October 2016 to May 2023.
The disclosure of another customer data security breach may negatively impact Toyota's stock price in the short term. The breach could potentially affect customers in Asia and Oceania, which may lead to reputational damage and loss of customer trust. Additionally, the company may face regulatory scrutiny and potential fines, further impacting the stock price.
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