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H&M investigates ShinyHunters hacking claims

Original: hm

Fashion giant H&M says it is investigating claims by the hacking group ShinyHunters that it breached the company's data, following a similar attack on British retailer ASOS. The alleged incident comes as the Foschini Group's UK arm also reported a cyber incident, fueling concern about a wave of cyberattacks targeting fashion and retail companies across Europe.

Why now: A series of cyberattacks on major fashion retailers, including H&M and ASOS, is raising alarm about data security in the sector.

H&MShinyHuntersASOSFoschini Group

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