H&M Investigates Cyberattack Claims; Hacking Group Targets JLR and Ticketmaster
What happened
H&M is investigating claims that it was targeted by a cybercriminal group, Shinyhunters, last week. The Swedish fashion giant stated it is aware of claims regarding a limited scope of H&M Group data but currently has no indication that its data environment has been compromised. Shinyhunters previously claimed responsibility for a cyber attack on Jaguar Land Rover last summer and an attack on Ticketmaster in 2024, during which it reportedly demanded £400,000 in ransom.
From ealingtimes.co.uk
Why it matters
The reported cyber incidents affect major global retailers and automotive companies. H&M Group, which operates in more than 80 markets, is currently assessing the validity of the claims. The incidents highlight the ongoing threat of cybercrime to large multinational corporations.
From ealingtimes.co.uk
Who's involved
- H&MIs investigating claims of a potential cybersecurity incident.
- Jaguar Land RoverWas previously targeted by the hacking group Shinyhunters.
- TicketmasterWas reportedly targeted by Shinyhunters in 2024.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- H&MSpeculative
H&M shares might see changes in market price following the reported claims.
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The entities involved
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H&M
Swedish multinational clothing-retail company
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Jaguar Land Rover
British multinational automotive company
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Ticketmaster
American ticket sales and distribution company
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