It’s expected that, in 2017, the world saw more data breaches than any year prior. On December 20th, the Identity Theft Resource Center (ITRC) reported that there were 1,293 total data breaches, compromising more than 174 million records. That’s over 15% more breaches than 2016. This disturbing trend is only expected to continue for 2018.
As employees and consumers, we should be concerned about the threats facing our identities from hackers, cybercriminals and lackluster information security. If you’re interested in protecting yourself, your family, your employees or customers, you may be interested in reading these 10 privacy tips to increase your security.
Note: This post will be continuously updated with new information as additional 2018 data breaches are reported.
January 8, 2018: Electronic toymaker VTech Technologies has reached a settlement with the FTC following a two-year investigation. The company will pay $650,000 as a result of a cyberattack that exposed the personal data of an estimated 6.4 million children worldwide. VTech failed to get verifiable parental consent before collecting children’s information including their name, gender, birth date and more. In addition to not requiring parental consent, they failed to protect the data with reasonable security safeguards. This case shines a light on the rise of the electronic toy market, and the dangers it can present when not secured properly.
January 11, 2018: A family-owned delicatessen with 275 locations across 28 states, Jason’s Deli confirmed it has been has been the target of a large data breach. Criminals gained access to the company’s point-of-sale terminals and installed RAM-scraping malware to steal customers’ credit card information and sell it on the dark web. Data such as cardholder name, credit or debit card number, expiration date, cardholder verification value and service code were obtained via the magnetic stripe on payment cards. As many as 2 million payment cards may have been compromised in this breach, which impacted at least 164 Jason’s Deli locations. The company has released a list of impacted locations, as well as advice for customers who may be impacted.