25 Oct '16, 2am

What Investors Need to Know After the Vera Bradley Security Breach: The handbag company is the latest victim

What Investors Need to Know After the Vera Bradley Security Breach: The handbag company is the latest victim

Vera Bradley (NASDAQ:VRA ) announced on Oct. 12 that its payment system was breached. Payment cards used at Vera Bradley store locations between July 25 and Sept. 23 may have been affected. Besides the potential theft of customer information, the company expects some of its business plans to be delayed as a result. Law enforcement notified the women's fashion designer on Sept. 15 that credit and debit cards used at Vera Bradley stores were affected. The company advised customers to be alert to unauthorized transactions on the cards they used at Vera Bradley stores. Upon further investigation, it was concluded that online sales transactions were not affected. How the incident could hurt the business The hack into the payment system is a blow to Vera Bradley as the company's new online store was set to be launched this month. The company was betting on the new format, which ...

Full article: http://www.fool.com/investing/2016/10/24/what-investors-n...

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(Reuters) - Handbag maker Vera Bradley Inc said on Wednesday hackers may have accessed customer data from payment processi...

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Handbag and accessories maker Vera Bradley Inc said on Wednesday hackers may have accessed customer data from payment proc...