Real Life Incidents of Network Security: Assignment #1
Real Life Incidents of Network Security: Assignment #1
Real Life Incidents of Network Security: Assignment #1
NETWORK SECURITY
Assignment #1
A couple of months later, in December, it buried that earlier record with the
disclosure that a breach in 2013, by a different group of hackers had compromised 1
billion accounts. Besides names, dates of birth, email addresses and passwords that
were not as well protected as those involved in 2014, security questions and
answers were also compromised. In October of 2017, Yahoo revised that estimate,
saying that, in fact, all 3 billion user accounts had been compromised.
The breaches knocked an estimated $350 million off Yahoo’s sale price. Verizon
eventually paid $4.48 billion for Yahoo’s core Internet business. The agreement
called for the two companies to share regulatory and legal liabilities from the
breaches. The sale did not include a reported investment in Alibaba Group Holding
of $41.3 billion and an ownership interest in Yahoo Japan of $9.3 billion.
Yahoo, founded in 1994, had once been valued at $100 billion. After the sale, the
company changed its name to Altaba, Inc.
2. Marriott International
Date: 2014-18
Impact: 500 million customers
Details: In November 2018, Marriott International announced that cyber thieves had
stolen data on approximately 500 million customers. The breach actually occurred on
systems supporting Starwood hotel brands starting in 2014. The attackers remained
in the system after Marriott acquired Starwood in 2016 and were not discovered until
September 2018.
For some of the victims, only name and contact information were compromised. The
attackers were able to take some combination of contact info, passport number,
Starwood Preferred Guest numbers, travel information, and other personal
information. Marriott believes that credit card numbers and expiration dates of more
than 100 million customers were stolen, although the company is uncertain whether
the attackers were able to decrypt the credit card numbers.
3. eBay
Date: May 2014
Impact: 145 million users compromised
Details: The online auction giant reported a cyberattack in May 2014 that it said
exposed names, addresses, dates of birth and encrypted passwords of all of its 145
million users. The company said hackers got into the company network using the
credentials of three corporate employees, and had complete inside access for 229
days, during which time they were able to make their way to the user database.
It asked its customers to change their passwords, but said financial information, such
as credit card numbers, was stored separately and was not compromised. The
company was criticized at the time for a lack of communication informing its users
and poor implementation of the password-renewal process.
CEO John Donahue said the breach resulted in a decline in user activity, but had
little impact on the bottom line – its Q2 revenue was up 13 percent and earnings up 6
percent, in line with analyst expectations.
4. Equifax
Date: July 29 2017
Details: Equifax, one of the largest credit bureaus in the U.S., said on Sept. 7, 2017
that an application vulnerability on one of their websites led to a data breach that
exposed about 147.9 million consumers. The breach was discovered on July 29, but
the company says that it likely started in mid-May.