In 2013, in the days prior to Black Friday, hackers stole credit card information for millions of Target customers. The hackers set their traps and planned the data’s escape course. They uploaded exfiltration malware to move stolen credit card numbers. To cover their tracks, they first moved the stolen numbers to staging points spread around the United States. The information was then moved into the hackers’ computers in Russia. The FireEye software Target had installed six months prior to the 2013 attack, detected the hacking process. Target’s information security team in Bangalore got an alert and flagged Target’s security team in Minneapolis. And then ---- nothing happened.
Despite the cyber-attack, Target is still a great company overall. Target has always focused on the welfare of their …show more content…
The Company said 56 million cards may have been compromised in a five-month attack on its payment terminals, making the breach much bigger than the holiday attack at Target Corp. Home Depot was alerted of the breach on September 2, 2014. By September 13, their new encryption system went live in the U.S. and the malware had been eliminated from their system. Their new encryption system locks down payment data by scrambling the card information to make it unreadable and virtually useless to hackers. Home Depot estimated the investigation, credit monitoring service, call center staffing and other steps would cost $62 million, offset by $27 million it expects to be reimbursed by its insurance.
At JPMorgan Chase, the intrusion reportedly took place during June and July of 2014, but was not completely halted until the middle of August 2014. The Company identified and closed the known access paths used to breach their system. Also, in response to the data breach, the company disabled compromised accounts and reset passwords of all its technology
Despite the cyber-attack, Target is still a great company overall. Target has always focused on the welfare of their …show more content…
The Company said 56 million cards may have been compromised in a five-month attack on its payment terminals, making the breach much bigger than the holiday attack at Target Corp. Home Depot was alerted of the breach on September 2, 2014. By September 13, their new encryption system went live in the U.S. and the malware had been eliminated from their system. Their new encryption system locks down payment data by scrambling the card information to make it unreadable and virtually useless to hackers. Home Depot estimated the investigation, credit monitoring service, call center staffing and other steps would cost $62 million, offset by $27 million it expects to be reimbursed by its insurance.
At JPMorgan Chase, the intrusion reportedly took place during June and July of 2014, but was not completely halted until the middle of August 2014. The Company identified and closed the known access paths used to breach their system. Also, in response to the data breach, the company disabled compromised accounts and reset passwords of all its technology