Hacker Paralyzes Estee Lauder Operations

Cosmetics maker Estee Lauder on Tuesday (Wednesday, July 19, 2023, in Manila) said a hacker had obtained some data from its systems, disrupting the company’s business operations, Reuters reported.

Photo Insert: The company did not reveal further details about the impact on its operations.

The firm said it was working to understand the nature and scope of the data that was stolen.

It did not reveal further details about the impact on its operations. The MAC Cosmetics owner said it was working to restore the affected systems and had implemented measures to secure its operations.

The New York-based company also took down some of its systems to mitigate the incident, it said, adding that it had begun an investigation, coordinating with law enforcement as well as cybersecurity experts.

The cosmetics maker in May forecast weaker sales and profit for the year than previously estimated, blaming slow recovery at duty-free and travel destinations, especially in Asia.

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