Shoe Zone, a value footwear retailer, has recently faced a significant cyber attack.
- The company took immediate action to halt the unauthorized access to its systems.
- Specialist consultants have been engaged to investigate and respond to the breach.
- Authorities including the ICO and NCSC have been informed as per regulations.
- Shoe Zone assures that its ecommerce platform remains operational.
Shoe Zone, a renowned value footwear retailer, has succumbed to a cyber attack that allowed hackers to gain unauthorized access to its online systems and data. In response, the company promptly initiated measures to stop the breach and engaged specialist third-party consultants to carry out a thorough investigation and devise a robust response strategy.
In compliance with applicable regulations, Shoe Zone has reported the incident to the Information Commissioner’s Office (ICO) and the National Cyber Security Centre (NCSC). It is imperative for organizations facing data breaches to inform the ICO within a 72-hour window to avoid potential fines that could amount to £8.7 million or 2% of the global turnover, whichever is higher.
Despite the breach, Shoe Zone confirms that its ecommerce website remains functional and continues to serve both customers and suppliers efficiently. Additionally, the company has committed to notifying any affected individuals as appropriate, following applicable legal and regulatory guidelines.
The latest financial figures for Shoe Zone reveal a revenue of £76.5 million for the period ending March 30, 2024, marking a 1.5% increase compared to the previous year. An ICO spokesperson acknowledged awareness of the incident and mentioned that the assessment of the information provided by Shoe Zone is ongoing. Meanwhile, Shoe Zone has refrained from offering additional comments on the situation.
Shoe Zone tackles the cyber attack with swift measures, ensuring continued operations while complying with regulatory obligations.
