The Estée Lauder Cos. has given an update on the cybersecurity attack.
Last month, it said it had identified a cybersecurity incident that involved an unauthorized third party getting access to a few of its systems. While it has not been confirmed, the ALPHV/BlackCat and Clop groups claimed credit for the cyber attack, listing Estée Lauder on their sites at nighttime web alongside an airline, comms regulator, harddisk storage provider and others.
Because of this of the breach, Lauder proactively took down a few of its systems and commenced an investigation with a third-party cybersecurity expert. The corporate said it was also coordinating with law enforcement.
In a call Friday with analysts to debate its fourth-quarter earnings, chief financial officer Tracey T. Travis...
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