Around the Net
Carphone Warehouse Data Breach Exposes Data of 2.4 Million Customers
- The Guardian, Thursday, August 13, 2015 1:13 PM
British mobile retailer Carphone Warehouse has reported that the data of as many as 2.4 million customers may have been exposed in a data breach. The company said it was the victim of a sophisticated cyber-attack, which may have exposed the names, email addresses and bank details of customers. In addition, the credit card data of 90,000 customers may have been exposed, though the data was encrypted.
This madness of security flaws in what is likely an effort to conserve operating costs will continue to create havoc unless firms that hold credit data of customers begin to spend heavily to protect them. The cost of backtracking to correct the breaches could outstrip the cost to maintIn security.