cyber
confidence high
sentiment negative
materiality 0.60
Yum! Brands discloses ransomware attack; 300 UK stores closed 1 day, data taken but no customer data
YUM BRANDS INC
- Ransomware attack on Jan 18, 2023; containment measures, investigation, and law enforcement notified.
- Less than 300 UK restaurants closed for one day; all stores now operational.
- Data taken from network but no evidence customer databases were stolen.
- No other restaurant disruptions; company does not expect material adverse impact.
- Systems restoration expected to be largely complete in coming days.