Home Depot revealed last Thursday that cyber thieves absconded with 53 million email addresses as part of a previously-disclosed breach.
The biggest U.S. home improvement retailer also said the perpetrators managed to access its systems by obtaining login credentials for a third-party vendor. That information alone didn’t provide access to the point-of-sale systems; however, the hackers were able to “navigate” their way to elevated privileges.
The strategy of finding an entryway through a “weak link” is fairly common. Indeed, hackers reportedly found their way into Target’s network through a similar path. JPMorgan Chase’s “corporate challenge” website has also found itself at the center of a probe into how cyber attackers broke into the banking giant’s network.
As evidenced, time and time again, data breaches and the associated costs are continually on the rise. The time is now to beef up your internal systems to protect your customers, your security and your brand.
XiSecure® On-demand for Sensitive Data, Paymetric’s proprietary, award-winning tokenization solution, eliminates the storage and/or transmission of Personally Identifiable Information (PII) in enterprise systems and applications.
Tokenizing sensitive customer information, including email addresses, can greatly reduce the risk of a data security breach and enables you to take advantage of the safe harbor that most breach notification laws provide to companies that secure PII.
Don’t be the next Home Depot. We can help. Learn how.