Yum! Brands ( NYSE: YUM ) disclosed a cyberattack that targeted its IT systems and caused hundreds of stores in the UK to close on Wednesday.
Per an SEC filing published on Thursday, the quick service group was hit by a ransomware attack on Wednesday “that impacted certain information technology systems” within its chains. The company said that it enacted measures to counteract the attack, including taking certain systems offline. These actions and precautions caused “less than 300 restaurants in the United Kingdom” to close on Wednesday.
“The company is actively engaged in fully restoring affected systems, which is expected to be largely complete in the coming days,” the filing stated. “Although data was taken from the company’s network and an investigation is ongoing, at this stage, there is no evidence that customer databases were stolen.”
Further store closures are not anticipated.
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Yum! Brands suffers ransomware attack, prompting UK store closures