Luxury Fashion Brand’s Third Breach in Three Months
- Louis Vuitton UK shopper data stolen in cyber attack
- Third party accessed Louis Vuitton’s UK systems
- Names, purchase history and contact details compromised
- No financial data affected
- LVMH’s third breach in three months
- Korean arm hit with similar attack last week
- Teenage boys and 20-year-old woman arrested for previous retailer attacks
Louis Vuitton has reported a cyber attack on its UK operations, with an unauthorized third party accessing the company’s systems and stealing customer data including names, purchase history, and contact details. However, no financial information was compromised. The luxury fashion firm notified relevant authorities, including the Information Commissioner’s Office. This incident marks the third breach of parent company LVMH’s systems in the past three months. It follows a series of cyber attacks on major retailers like M&S, Co-op, and Harrods. Teenage boys and a 20-year-old woman were arrested for previous retailer attacks.
Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about the cyber attack on Louis Vuitton’s UK operation, the type of data stolen, the company’s response, and the recent trend of cyber attacks on retailers. It also mentions the arrests related to similar incidents. However, it includes a link to an unrelated article at the end which could be considered as a digression.
Noise Level: 3
Noise Justification: The article provides relevant information about the cyber attack on Louis Vuitton and its consequences but lacks in-depth analysis or actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses a cyber attack on Louis Vuitton, which is a luxury fashion firm, and mentions that it has impacted the personal data of its UK shoppers. Although no financial data was stolen, there is potential for phishing attempts or fraud in the future. The incident involves the parent company LVMH and other retailers have also been targeted recently. However, the article does not directly mention any specific financial markets or companies being impacted.
Presence Of Extreme Event: Yes
Nature Of Extreme Event: Technological Disruption
Impact Rating Of The Extreme Event: Moderate
Extreme Rating Justification: The presence of a cyber attack on Louis Vuitton’s UK operation, which resulted in the theft of personal information such as names and purchase history, but no financial data. The incident is part of a string of recent cyber attacks on retailers.
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