ASOS shares drop after cyberattack
ASOS shares fell after the retailer confirmed a cyberattack compromised customer data. The Xuanye hacking group claimed responsibility. Operations remain normal.
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ASOS PLC shares fell 10% on Tuesday morning after hackers breached third-party communication platforms and targeted customer data. The cyber incident rattled investors in the United Kingdom fashion retailer following a recent profit upgrade. ASOS shares had previously gained more than 60% this year prior to the breach.
