Hanesbrands discloses ransomware attack

May 31, 2022 7:57 AM ETHanesbrands Inc. (HBI)By: Preeti Singh, SA News Editor11 Comments
  • Hanesbrands (NYSE:HBI) has disclosed a ransomware attack.
  • The company identified the attack on May 24 and activated its business continuity plans accordingly. An internal assessment of the impact of the attack is ongoing.
  • Hanesbrands has also notified law enforcement officials accordingly and is cooperating with the investigation. The material impact of this attack on its operations and business remains unclear.
  • Earlier this month, HBI stock dropped after Stifel lowered target amid FX, supply chain headwinds

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