We've written about a small business user and his aftermath of Yahoo 1Billion email address data breach. There were plenty of others. Here's a summary of some of the other major data breaches in 2016.
980 data breaches occurred in 2016. That left an approximate 35,233,317 known records exposed. Over the years, data breaches have become more sophisticated, and cybercriminals target both large corporations and small businesses.
2016 saw a string of data breaches that left sensitive information of millions of people at the mercy of cybercriminals. In addition to financial consequences, these data breaches ruined customer trust and the reputation of the companies in question.
As we look back at 2016 here are some of the most impactful data breaches that shook the world.
Nearly every day, we read scary stuff regarding the Yahoo email hack last December. In these pages, we try to be careful about “crying wolf” and being overly sensational. However, this story resonates because it could happen to any of us and involves a friend.
Last Friday, a business owner and friend of mine in another part of the US in a non-technology business told me a tale of how an innocuous mistake has spun out control and is threatening the existence of his business.
The mistake was simple – one that many of us could make even though there are plenty of warnings out there. Last Monday, his company sold a multi-thousand dollar item to an individual in Minnesota. Payment had been arranged to be made via wire-transfer. My friend emailed the buyer the wiring instructions including the bank, routing, and account numbers.