Fears customer data could have been stolen in Kathmandu data breach

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Outdoor retailer Kathmandu is urgently investigating a month-long data breach where an unidentified party may have stolen sensitive customer information.

The New Zealand-based, ASX-listed company said in a statement the breach occurred between January 8 and February 12. Kathmandu said the online store “is and remains secure” and it’s working with IT and cybersecurity consultants to uncover how the breach occurred and identify the customers impacted.

“Whilst the independent forensic investigation is ongoing, we are notifying customers and relevant authorities as soon as practicable,” Chief Executive Xavier Simonet said in the statement.

“As a company, Kathmandu takes the privacy of customer data extremely seriously and we unreservedly apologise to any customers who may have been impacted.”

Kathmandu said it is notifying the relevant privacy and law enforcement agencies.

The latest reports from the business risk industry consistently rank cybersecurity attacks and data breaches amongst the threat business executives most fear.

The World Economic Forum’s Global Risks Report has ranked both events in the top five most likely to impact businesses for the last two years in a row.

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