Estee Lauder believes July cybersecurity incident is ‘contained’

As the company disclosed on July 18, 2023, it identified a cybersecurity incident involving an unauthorized third party that gained access to some of the company’s systems. After becoming aware of the incident, the company proactively took down some of its systems, initiated an investigation with leading third-party cybersecurity experts and began coordinating with law enforcement. The company began bringing its systems back online within days, which limited the incident’s impact on the company’s operations. Based on the information available to date, the company believes the incident is contained.