The Week in Breach: BevMo
BevMo: Alcohol retailer.Risk to Small Business: Severe: As payment security continues to rise in importance to online shoppers, such an attack can strike a crushing blow to sales and bottom-line profits. Competition in the online retail landscape is cutthroat as is, so a newsworthy breach like this has the potential to turn customers away by shining a spotlight on personal and payment information concerns.Individual Risk: Severe: The malicious code placed on the checkout page was able to siphon customer names, credit/debit card numbers, expiration dates, CVV2 codes, billing addresses, shipping addresses, and phone numbers. Visitors who entered payment details into the website are at a high risk for account fraud.Customers Impacted:Nearly 15,000 customers who used the online portal.How it Could Affect You: Due to an increased level of vigilance surrounding data breaches, especially those involving payment data, it is crucial that companies place greater importance on preventing breaches from happening in the first place.Read more
In Other News:Keep your email in check!According to the FBI, business email compromise (BEC) schemes have amounted to $12.5B in losses to companies in 2018 alone. From Q1 to Q3, there was a 46% lift in the number of attempts recorded, signaling that hackers are doubling down on email fraud due to its simplicity and effectiveness.The top three countries most often targeted by email scammers? The United States, Australia, and United Kingdom.Read more