Remember that cybersecurity breach Yahoo announced back in September 2016, reporting that 500 million user accounts had been hacked two years earlier? Earlier this week, the company outdid itself by reporting it also had been breached (in what seems to be a separate attack) in August 2013—and 1 billion accounts were compromised.
Back in 2014, JP Morgan was one of 12 financial institutions hacked by cybercriminals who stole personal information from more than 100 million customers. The hackers didn’t use the stolen data for identity theft. Instead, they used it to push penny stocks in what amounted to multimillion dollar “pump and dump” schemes.
Such high-profile crimes can be a wake-up call for businesses to reevaluate their cybersecurity protocols. See the 10 Lessons Learned from a Major Security Breach slideshow at CIO Insight.
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