7 major data hacks that happened in 2017


From Equifax to Arby’s, dozens of companies have reported data breaches this year.

Global cyber security spending will exceed $1 trillion from 2017 to 2020, according to marketing firm Cybersecurity Ventures. That’s an increase from just $3.5 billion in 2004.

What’s driving the explosion of spending? Experts say the fear of cyber crime is fueling exceptional market growth.

Cyber crime damages will cost organizations, governments and businesses across the world about $1 trillion annually by 2021, according to the Cybersecurity Ventures marketing firm.

» RELATED: Local startup grows in cyber security industry

Here are seven major data breaches that occurred in 2017:

1. Equifax

In September, Equifax Inc. — one of the biggest consumer credit reporting agencies — acknowledged it suffered a “cybersecurity incident” that could affect about 143 million U.S. consumers. Unauthorized access to the company’s data took place from mid-May through July this year, Equifax said in a statement.

Learn more here.

2. Arby’s

Arby’s investigated a major data breach that could impact more than 350,000 credit and debit cards used at the chain restaurant’s locations. Arby’s discovered in mid-January that it suffered a data breach that impacted about 1,000 corporate restaurants, according to a report from cyber-security reporter Brian Krebs. Both Visa and Mastercard users were impacted.

Learn more here.

3. Whole Foods

Whole Foods started investigating a possible data breach in September. “Whole Foods Market recently received information regarding unauthorized access of payment card information used at certain venues such as taprooms and full table-service restaurants located within some stores. These venues use a different point of sale system than the company’s primary store checkout systems, and payment cards used at the primary store checkout systems were not affected,” the company said in a statement.

The grocery chain was recently acquired by Amazon. Learn more here.

4. Forever 21

The company reported in November that some of its customers may have been impacted by a potential data breach. The company recently received a report from a third party that suggested there may have been unauthorized access to data from credit cards used to pay at certain FOREVER 21 stores, according to a statement from the company.

Learn more here.

5. Uber

Uber reportedly paid hackers $100,000 to remove the data of 57 million customers they stole in a massive 2016 data breach, according to Bloomberg. Names, phone numbers and email address were among the data stolen. Around 600,000 driver’s license numbers belonging to Uber drivers were also compromised in the October 2016 breach.

Learn more here.

6. Sonic

A reported data breach at Sonic Drive-In fast food chain could impact “millions” of credit cards used by customers. A reported five million credit and debit card accounts went on sale on an illicit website, according to journalist Jordan Krebs, who reports on data breaches. The leaked financial information could include cards from nearly all states across the country.

Learn more here.

7. Kmart

Customer credit card information has been hacked from Kmart’s payment system, the company announced. The retailer became aware of a security incident “involving unauthorized credit card activity” after customer purchases at some stores. The company launched an investigation to review and secure the impacted parts of the store network.

Learn more here.

FIVE FAST BUSINESS READS

After Black Friday, small businesses try to cash in on shopping frenzy

Overheard while Thanksgiving shopping: ‘Your dad is going to kill me’

5 ways to stay out of debt this holiday shopping season

Champagne gummy bears? Dorothy Lane selling new candy brand

17 retail horror stories that show working Black Friday is the worst



Reader Comments ...


Next Up in Business

GM to unveil Springfield-built truck in March
GM to unveil Springfield-built truck in March

Chevrolet will unveil a new medium-duty Silverado truck that will be built at Navistar’s Springfield plant at an auto industry show in Indianapolis this spring. The Springfield plant has long been preparing for the joint venture with GM to build medium-duty trucks. Those trucks will be available in both the International and GM brands, and will...
Success in virtual reality allows Kettering tech company to grow
Success in virtual reality allows Kettering tech company to grow

Marxent appears to have found its place in the worlds of virtual and augmented reality, allowing the company to grow its Kettering office. The company creates content management software and platforms in the $100 billion virtual reality and augmented reality markets, wedging those technologies into the homes and home furnishings markets. Unsure about...
Spectrum reports TV streaming app service issues
Spectrum reports TV streaming app service issues

Spectrum customers are reporting service interruptions while attempting to use the Spectrum TV app, the company said on Friday afternoon. “Spectrum customers are experiencing a service interruption while attempting to use the Spectrum TV App. This is causing errors including incorrect login information. Technicians are working diligently to restore...
Chamber welcomes new board members
Chamber welcomes new board members

The Dayton Area Chamber of Commerce is welcoming new board of trustees members while thanking retiring members. The new chamber board members are: MORE: Manufacturing wins help push Ohio jobless rate down Doug Anspach, Leadership Dayton chair and partner in Taft Stettinius & Hollister LLP; Doug Barry, president of BarryStaff Inc.; Randy Domigan, director...
Amazon raises monthly Prime membership rate
Amazon raises monthly Prime membership rate

The monthly membership fee for Amazon Prime rose Friday from $10.99 to $12.99. Company officials said the annual membership will remain at $99 dollars. Monthly customers do not get access to Amazon Video, which costs $8.99 a month. The last Prime subscription hike came in 2014, when Amazon increased its yearly membership from $79 to $99. The e-commerce...
More Stories