One of the world's popular jeans makers hacked: Read company’s full statement

Levi Strauss has disclosed that it fell victim to a recent cybersecurity incident after hackers gained access to its corporate network through a targeted social engineering attack on company personnel. The iconic jeans maker revealed the breach in a regulatory filing, stating that an unauthorised third party managed to breach its systems by tricking three employees into handing over access credentials.News agency Reuters reports that Levi Strauss joins a growing wave of global corporations facing aggressive cyber campaigns that aim to steal proprietary data and disrupt business operations.Following the intrusion, Levi Strauss initiated containment protocols and launched an internal investigation to determine the scope of the exposure, the company said. Preliminary findings indicate that attackers managed to view and extract certain internal corporate information. However, the company confirmed that its retail stores, e-commerce platforms, and daily supply chain operations experienced no disruptions.Executive leadership noted in the filing that the incident is not expected to have a material impact on the company's financial performance or operational strategy.Levi Strauss & Co. (the “Company”) recently detected that the Company experienced a cybersecurity incident in which an unauthorized third party gained access to Company files through social engineering techniques that enabled unauthorized access to three employees’ Company-issued computers. Following such detection, the Company initiated response protocols, implemented containment measures, launched an investigation, which remains ongoing and engaged the services of third-party cybersecurity experts.Based on preliminary findings from the Company’s investigation, the Company believes that certain corporate information was accessed and exfiltrated as a result of the incident. As of the date of this filing, the Company believes that its rapid response efforts successfully contained and terminated the unauthorized access, and that no consumer data was impacted. The Company has not experienced any interruption in business operations as a result of the incident.Based on information available as of the date of this filing, the Company does not believe the incident has had, or is reasonably likely to have, a material impact on the Company’s business strategy, operations, financial condition, or results of operations.The Company has provided and will provide notifications to affected parties and applicable regulators as appropriate and in accordance with applicable law.The breach at Levi Strauss appears to be part of a larger, coordinated cyber campaign targeting major corporations across the US. Analysis of internet intelligence data reveals that ransom-seeking cybercriminals have increasingly relied on voice phishing, using phone calls to impersonate IT support or authority figures, to compromise corporate networks. Over the past five weeks alone, hackers created digital infrastructure traps targeting more than 200 companies, including prominent financial institutions and major brands.