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OFFON

MCDONALD'S CORPORATION

(MCD)
  Report
Delayed Quote. Delayed Nyse - 06/17 04:10:00 pm
233.88 USD   -0.72%
08:31aDGAP-PVR  : SUSE S.A.: Total Voting Rights
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McDonald's Hit by Data Breach in South Korea, Taiwan

06/11/2021 | 06:14am EDT

By Heather Haddon

McDonald's Corp. said hackers stole some customer and employee data from its systems in markets including South Korea and Taiwan, in another example of cybercriminals infiltrating high-profile global companies.

The burger chain said Friday that it recently hired external consultants to investigate unauthorized activity on an internal security system, prompted by a specific incident in which the unauthorized access was cut off in a week. The investigators discovered that company data had been breached in markets including South Korea and Taiwan, McDonald's said.

The company said customer and personal-employee data in the U.S. weren't compromised in the attack.

Attackers stole customer emails, phone numbers and addresses for delivery customers in South Korea and Taiwan, the company said. In Taiwan, hackers also stole employee information including names and contact information, McDonald's said. The company said the number of files exposed was small without disclosing the number of people affected. The breach didn't include customer payment information, McDonald's said.

McDonald's said that its divisions in South Korea and Taiwan notified regulators in Asia of the breach Friday, and that they would contact customers and employees. The company said its divisions would also notify some employees in South Africa and Russia of possible unauthorized access to their information. The investigation had flagged those countries as well.

McDonald's said that business at its restaurants wasn't disrupted by the breach and that it didn't involve a ransomware attack, in which hackers demand payment to return control of data and operations to companies. McDonald's said it wasn't asked for ransom, nor did it make any payment to the hackers.

Prominent ransomware attacks in recent months have disrupted operations at institutions and companies deeply embedded in U.S. civic and commercial life, including hospitals, transport systems, pipelines and meat companies. Some companies including Colonial Pipeline Co. and the U.S. operations of meat company JBS SA have said they paid hackers to regain full control of their data and operations.

McDonald's said that it has increased investment in cybersecurity defenses in recent years, and that those tools helped it respond to the recent attack. The company said it cut off hackers' access to data soon after the breach was identified.

"McDonald's will leverage the findings from the investigation as well as input from security resources to identify ways to further enhance our existing security measures," the company said.

Write to Heather Haddon at heather.haddon@wsj.com

(END) Dow Jones Newswires

06-11-21 0814ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.62% 33823.45 Delayed Quote.12.07%
DOW JONES AFRICA TITANS 50 INDEX -1.15% 530.92 Delayed Quote.2.06%
DOW JONES SOUTH AFRICA(ZAR) 0.00% 1925.24 Delayed Quote.10.30%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 0.10% 157.55 End-of-day quote.13.49%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.62% 120.85 End-of-day quote.6.33%
MCDONALD'S CORPORATION -0.72% 233.88 Delayed Quote.8.99%
MSCI TAIWAN (STRD) 0.14% 711.228 Real-time Quote.19.05%
S&P AFRICA 40 INDEX -2.89% 170.75 Delayed Quote.1.64%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.10% 72.3442 Delayed Quote.-1.80%
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Financials (USD)
Sales 2021 22 410 M - -
Net income 2021 6 458 M - -
Net Debt 2021 32 938 M - -
P/E ratio 2021 27,1x
Yield 2021 2,23%
Capitalization 175 B 175 B -
EV / Sales 2021 9,26x
EV / Sales 2022 8,73x
Nbr of Employees 200 000
Free-Float 44,9%
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Technical analysis trends MCDONALD'S CORPORATION
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 256,06 $
Last Close Price 233,88 $
Spread / Highest target 21,0%
Spread / Average Target 9,48%
Spread / Lowest Target -3,80%
EPS Revisions
Managers and Directors
NameTitle
Christopher J. Kempczinski President, Chief Executive Officer & Director
Kevin M. Ozan Chief Financial Officer & Executive Vice President
Enrique Hernandez Independent Chairman
Daniel Henry Global Chief Information Officer & Executive VP
Robert A. Eckert Independent Director
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