Victoria's Secret Website, Services Down Amid Security Incident

Victoria's Secret has taken down its website and some in-store services due to a security incident that began earlier in the week, disrupting its online operations and order processing. The company activated its cybersecurity response protocols, engaged third-party experts, and emphasized that its physical stores remain open while it works to restore digital services securely and quickly. The specific nature of the cybersecurity breach has not been disclosed, nor has the company confirmed if customer data was compromised or if law enforcement is involved. The disruption has significantly impacted the company's stock, with shares falling approximately 7% to nearly 10% following the announcement. Digital sales represent a substantial portion of Victoria's Secret's revenue, accounting for about one-third of total sales, highlighting the potential financial impact of the outage. The company is actively addressing the issue and communicating updates through its website, seeking customer patience during the restoration process.