📈 Business & Markets

Victoria’s data is not so secret

Friday, May 30

Image: Áine Cain/Insider

Hold on to your lacy lingerie britches: Victoria’s Secret has taken down its website and paused all online orders in response to an ongoing cyberattack that began on Wednesday. 

And, while the retailer has provided few concrete details, the hack could be tied to an arachnid-inspired group with a bit of practice in this realm.

Spidey senses are tingling

Two weeks ago, Google warned that a cybercriminal group called Scattered Spider—mostly comprised of young US and UK residents—is starting to target major American retail brands after carrying out a series of hacks targeting UK retailers.

  • Retail giant Marks & Spencer, one of the best known names in British business, has been unable to take online orders since April 25.
  • The Co-op Group, a major UK food retailer, experienced a customer data breach, also in late April.
  • Luxury department store Harrod’s saw a brief disruption in late April/early May that saw some locations taken offline as a security measure.

Following each attack, Scattered Spider appears to have handed its findings over to Russian cybercriminal group DragonForce, which makes money by extorting victims with sensitive data.

Looking ahead…Victoria’s Secret has yet to provide an estimate for when its systems will come back online, though all ~1,350 brick-and-mortar stores remain open for business.

Share this!

Recent Business & Markets stories

Business & Markets
  |  May 29, 2025

Major retail chains are pumping money into gas stations

⛽️ In recent months, US retail giants have accelerated their ongoing push into the auto fuel business, with new gas stations gradually popping up next to stores across the country.

Kyle Nowak
Read More
Business & Markets
  |  May 29, 2025

Nvidia reports solid Q1 earnings

📈 The semiconductor giant yesterday reported strong quarterly results that came in above analysts’ expectations, despite headwinds to its China business.

Peter Nowak
Read More
Business & Markets
  |  May 29, 2025

Tweens are enamored with skincare

💄 "Get ready with me" videos are drawing massive viewership from tweens (kids aged 10-12), fueling a recent surge in beauty spending among that age group.

Kailyn Toussaint
Read More

You've made it this far...

Let's make our relationship official, no 💍 or elaborate proposal required. Learn and stay entertained, for free.👇

All of our news is 100% free and you can unsubscribe anytime; the quiz takes ~10 seconds to complete