How quickly did Target let consumers know that their data may have been breached?
Target’s breach lasted from November 27 to December 15, 2013. They detected their breach in 16 days and disclosed it to the public 20 days after discovery. Many criticized Target for the time it took to notify the public about the breach.
How did the 2013 Target data breach happen?
27 and Dec. 18, 2013. The perpetrators gained access to Target servers through stolen credentials of a 3rd party vendor in Nov 2013. They then installed malware to capture names, email addresses, credit card data, and other information.
How did Target handle the data breach?
How Did Target Handle the Data Breach? Target handled the data breach very well, all things considered. It was able to notify customers about twenty days after the breach occurred, but only four days after they noticed it. In the wide spectrum of data breaches, this is very fast.
When was Target hacked?
December 2013
During Target’s breach in December 2013, thieves hacked as many as 40 million customer credit card accounts, and up to 110 million sets of personal information such as email addresses and phone numbers were stolen.
What was the vulnerability in the Target breach?
From what is known about the Target breach, there were multiple factors that led to data loss: vendors were subject to phishing attacks, network segregation was lacking, point of sale systems were vulnerable to memory scraping malware and detection strategies employed by Target failed.
What is the aftermath of a data breach?
Costs can include compensating affected customers, setting up incident response efforts, investigating the breach, investment into new security measures, legal fees, not to mention the eye-watering regulatory penalties that can be imposed for non-compliance with the GDPR (General Data Protection Regulation).
Why did the Target breach happen?
Target had announced in late January that its massive data breach was the result of hackers stealing electronic credentials from one of its vendors (see Target Breach: Credentials Stolen). Then last week, Fazio Mechanical Services revealed it was the victim of a “sophisticated cyber-attack operation.”
Who hacked Target in 2013?
Cybersecurity experts have said the hacker, identified in court as “Profile 958,” is likely a Ukrainian named Andrey Hodirevski. Target is demanding restitution from Bondars; an amount has yet to be decided.
Who hacked into Target in 2013?
Why did Target get hacked?
What are the 4 potential damages of a data breach?
Lost confidence, negative press, associated identity theft, and potential customer’s views toward your company can all take a hit, leaving dark clouds over your reputation and creating long-term complications.