One of the largest issues with this data breach is, just six months prior, Target had installed “a $1.6 million malware detection tool made by the computer security firm FireEye (FEYE), whose customers also include the CIA and the Pentagon” (Riley, Elgin, Lawrence, & Matlack, 2014). The problem was not the software, it was a lack of reaction by Target’s security team located in Minneapolis. Once the credit card and personal information was stored, the hackers moved the information to various locations throughout the U.S. before sending the data to their computers in Russia. On December 12, 2013, Federal investigators notified Target of a massive data breach; and on December 15, 2013, Target confirmed and eradicated the malware, after all of the credit card and personal information had been stolen.
Even after the attack, when the company did not know whether the customer information, which included credit card information, the company had no intention to announce the security breach to the public. This can be detrimental to the company if customers became
Sony Corporation is a Japanese owned company, created in 1946 based in Tokyo, Japan. The company competes in the technology market with diversity. This includes video games, computers and computer hardware, television, media players, etc. With that being said, Sony has had their ups and downs over the past few years, just like everyone else in this industry. Things such as the U.S. economy can really affect the future of this company. Now that the economy is on the downfall, things such as entertainment are not as important as paying for food, gas, and other bills. It is important to realize these things as you analyze the company due to the fact that the company
Sony has many products and started to branch out. Sony has mostly started to manufacture appliances and electronics. Even thou many new different products may arise, Sony can manage and maintain their quality.
A week after the last security breach, Sony announced to its PlayStation Network users that certain information may have been compromised. Many users were very upset because their personal and financial information had been compromised for over a week and they were unaware. There was a significant delay between when the card information was compromised and when Sony notified its users. Many users who did not give credit card information to Sony were still upset because they use the same login and password for multiple sites, and now their information on other sites may have been accessed without their knowledge. After the breaches, Sony did not just patch the holes in its network security, it had to rebuild from the ground up, further upsetting users by causing the network to be
A data breach incident which happened in 2014 could cost Sony Corp. $8 million in settlements, Bloomberg reported. The data breach happened when North Korean hackers were angered by "The Interview", a film that was centered around a fictional plot to eliminate Kim Jong-Un. Sony is reportedly going to pay $4.5 million to former and existing employees, while the lawyers who handled the case are expected to get $3.5 million.
Target has not disclosed much detail around the breach due to liability and legal issues but some information is available due to a leaked internal corporate report. The report included information by Verizon which was hired by Target to probe its networks for weaknesses days after the breach was
However, soon after the breach had been made public there were several reports that came out saying that China was the one to blame. Again, it’s important to note that these reports have never been fully confirmed. After investigation, Anthem said they found that five of their IT worker’s credentials had been compromised through a phishing attack. Rebecca Herold, CEO of The Privacy Professor and co-founder of the consulting firm SIMBUS Security and Privacy Services stated: "The fact that access was obtained using the credentials of at least five employees points to the very longstanding weak link with information security - ensuring personnel know and understand how to secure the information they have access to and how to recognize phishing attempts."
“The breach at Target Corp. that exposed credit card and personal data on more than 110 million consumers appears to have begun with a malware-laced email phishing attack sent to employees at an HVAC (heating, ventilation and air conditioning) firm that did business with the nationwide retailer […].”
During the dates of November 27 through December 2013, the department store Target experienced a data breach in which approximately 40 million customers credit and debit cards were exposed. During this breach, customer’s personal information may have also been exposed for use of possible fraud. January
From November 27 to December 15, 2013 Target Corporation released 70 million customers’ personal information. On average, it takes companies 200 days to uncover they are being hacked (Lunden, 2015). It only took Target 12 days to figure out the crisis that began happening. On December 19, Target originally said only 40 million credit and debit card accounts may have been compromised during Black Friday weekend to December 15. “The information stolen included customer names, credit or debit card number, and the card’s expiration date and CVV” (McGrath, 2014). Although Target never clarified how they were hacked, security experts say that hackers targeted their POS system. “Target spent $61 million through Feb. 1 responding to the breach, according
The public was told of the breach on Dec 8th. It wasn’t until Dec 15th when they finally looked into the cause and fixed it. They sent out an e-mail to everyone, who they had emails for, about the breach. When they put out their response the main phrase everyone wanted
THERE WAS A CYBER ATTACK ON A A MEDICAL INSURANCE COMPANY. THE COMPANY WAS CALLED PRIMIER BLUE CROSS. THRU THE CYBER attack over 11 million customers were affected by the cyber attack. unfortunately this attacks were not discovered till January 29 and the process had started may 5th of that year.
November 12, 2013—intruders breached Target’s computer system. The intrusion was detected by Target’s security systems, but the company’s security professionals took no action until notified by law
Back in 2011, there was a major online attack that involved the Sony PlayStation online gaming service, PS Network and the compromise of 77 million users’ personal information. This was one of the largest corporation attacks within the last 10 years involving so many accounts. The attack took place between April 17th and 19th when an illegal and unauthorized person gained access to the personal account server and stole the information. What made this attack so much more important than just the amount was what was stolen during the attack. It did not just usernames and gamer tags, but the actual account owner’s name, address, email, birthday, password, login and security questions. With this information, the attacker was able to gain access