On December 13, 2023, VF Corp Reported Unauthorized Activities On Its It Systems, And As Of Now, Its Retail Stores, E-commerce Sites, And Distribution Centers Are Functioning With Minimal Issue
Portfolio Pulse from Charles Gross
On December 13, 2023, VF Corp reported unauthorized activities on its IT systems. Despite this, the company's retail stores, e-commerce sites, and distribution centers continue to operate with minimal disruption.

January 18, 2024 | 9:47 pm
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NEUTRAL IMPACT
VF Corp experienced unauthorized activities on its IT systems but is maintaining operations with minimal issues across retail, e-commerce, and distribution.
While VF Corp has reported unauthorized activities which typically would be a negative signal for the company's cybersecurity measures, the fact that operations continue with minimal disruption mitigates the potential negative impact on the stock price. The company's quick response and containment of the issue may reassure investors, but there may still be concerns about potential future vulnerabilities and the costs associated with bolstering cybersecurity measures.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100