Here’s what data breaches are costing companies in 2019

CUNANews

The typical consumer data breach costs compromised businesses millions of dollars, with expenses rising exponentially for incidents on par with those that affected Equifax or Facebook in recent years, according to new research from IBM Security and Ponemon Institute. On a global scale, the average data breach exposes 25,575 sensitive consumer records and carries a total cost of $3.92 million, according to IBM’s … Read More

Sprint says hackers breached customer accounts via Samsung website

CUNANews, Uncategorized

US mobile network operator Sprint said hackers broke into an unknown number of customer accounts via the Samsung.com “add a line” website. “On June 22, Sprint was informed of unauthorized access to your Sprint account using your account credentials via the Samsung.com ‘add a line’ website,” Sprint said in a letter it is sending impacted customers. “The personal information of yours … Read More

Marriott reveals data breach of 500 million Starwood guests

CUNANews

Marriott says its guest reservation system has been hacked, potentially exposing the personal information of approximately 500 million guests. The hotel chain said Friday the hack affects its Starwood reservation database, a group of hotels it bought in 2016 that includes the St. Regis, Westin, Sheraton and W Hotels. Marriott said hackers had gained “unauthorized access” to the Starwood reservation … Read More

Yahoo agrees to pay $50 million to data breach victims

CUNANews

Yahoo will have to cough up $50 million in damages as part of a settlement following massive data breaches that took place in 2013 and 2014. The first breach affected three billion accounts, while the second affected 500 million accounts — neither were disclosed until 2016. Hacked information included passwords that were encrypted but could be cracked. The $50 million … Read More

The biggest data breaches of 2018 so far

CUNANews

The first six months of 2018 saw thousands of people lose their data in cybersecurity breaches across the world. According to the 2017 Breach Level Index statistics, more than 7 million records were compromised every day. That year saw some of the biggest security attacks in history. But many computer security experts had predicted that 2018 will be worse as the number … Read More

Ticketmaster data theft part of larger credit card scheme, security firm says

CUNANews

The data breach that Ticketmaster revealed in June is part of a larger credit card-skimming operation that has hit more than 800 e-commerce sites across the internet, according to cybersecurity firm RiskIQ. Hackers were able to penetrate InBenta Technologies, a firm that works with Ticketmaster, according to RiskIQ. Ticketmaster itself wasn’t breached, according to the firm. By going through InBenta, … Read More

Macy’s Customer Credit Data Hacked In Breach

CUNANews

Macy’s (M, +1.99%) has become the latest retailer to be hit by customer data intruders. The department store chain said on Tuesday that hackers had gotten hold of the names and passwords of some customers and may even have gained access to their credit card numbers and expiration dates, though not the four-digit security codes, which it does not store. … Read More

Web biz DomainFactory confirms: We were hacked in January 2018

CUNANews

Updated German hosting company DomainFactory has taken down its forums after someone posted messages alleging to have compromised the company’s computers. Acknowledging the attack, the GoDaddy-owned (via Host Europe, acquired in 2016) company has advised customers to change their passwords and detailed the extent of the data breach claimed by the hackers. Read the full article here. 

Adidas Says Millions of U.S. Customers Being Alerted of Breach

CUNANews

Adidas AG is the latest company to come under attack from cyber-thieves looking to steal personal information, with millions of customers potentially at risk. The athletic-wear company alerted customers on Thursday about a possible data breach on its U.S. website. A preliminary investigation found the leaked data includes contact information, usernames and encrypted passwords, the company said in a statement. … Read More