ASOS says it has cyber insurance after hack accesses customers' personal data

ASOS disclosed a cybersecurity breach where hackers accessed customers' personal data through compromised employee credentials, and confirmed it holds cyber insurance with a major global provider. The incident caused a share price drop and follows similar cyberattack events on other UK retailers, highlighting ongoing risks and the importance of sufficient cyber insurance coverage.

This Wire brief sits within Fusion42's coverage of E-commerce.