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

CareSource gets latest report card from state
CareSource gets latest report card from state

CareSource’s performance rating slipped in some categories on its latest report card from Ohio Medicaid, though retained high marks for its efforts to keep children healthy. The nonprofit insurer, headquartered in downtown Dayton, overall received 14 out of 25 stars, ranking 3rd out of the five insurers that privately manage Medicaid plans in...
Trump nominates new commander of Air Force Materiel Command
Trump nominates new commander of Air Force Materiel Command

President Donald Trump has nominated Lt. Gen. Arnold Bunch Jr. to become commander of the Air Force Materiel Command at Wright-Patterson Air Force Base. Bunch currently serves as military deputy at the Office of the Assistant Secretary of the Air Force for Acquisition at the Pentagon. The nomination must be confirmed by the Senate. If confirmed, Bunch...
Dayton VA director says hospital to focus on new jobs, programs in 2019
Dayton VA director says hospital to focus on new jobs, programs in 2019

Dayton VA Medical Center Director Jill Dietrich told the Dayton Daily News that she’s focused on growing new programs, adding jobs and “continuing to provide excellent care” in 2019. Dietrich, who manages 2,300 employees and a $435 million budget, has oversight of the sprawling hospital campus in Dayton and four clinics in in Richmond...
Honda applies to build $36.5 million expansion
Honda applies to build $36.5 million expansion

Honda appears to be gearing up for a big expansion at its Anna engine plant. The automaker has recently applied to Shelby County for a new building construction permit valued at $33 million. The Honda of America and Devon Industrial Group application — filed near the end of November — seeks permission to build a 119,063-square-foot building...
Employers say they’re poised to hire in 2019
Employers say they’re poised to hire in 2019

Employers in the Dayton area will hire at a “respectable” pace in the first quarter of the new year, according to Manpower’s newest survey of area employers. Nearly a quarter — 24 percent — of surveyed employers plan to hire new employees from January to March next year, the survey found. This number is offset by the four...
More Stories