VF Corp. Braces for Business Impact Following Cyber Security Breach

VF Corp. has reported a cybersecurity breach in its systems that is expected to have a material impact on its business operations. The breach, which occurred on December 13, has disrupted the company's ability to fulfill online orders and resulted in the theft of personal data. VF Corp. is still assessing the potential financial impact of the incident. The company's stock fell 5.1% in premarket trading following the announcement.