The 5 Biggest Data Breaches of 2014
Data security is a major consideration for every business, small to large, so when security is threatened in a major way it forces us to consider the efficacy of own security measures.
2014 was a year of significant data breaches in some of the world’s large organisations. Cyber security is a global issue, and moving forward into 2015 it’s important to look back on these incidents and decide to revise corporate security strategies.
According to securityintelligence.com, the following are the most significant security breaches in terms of “scope and the nature of intrusion”:
JP Morgan Chase
In Setpember 2014, JPMorgan Chase, the USA’s largest bank, suffered one of the biggest data breaches in history. A malware attack exposed the names, addresses, social security numbers and other data from approximately 83 million account holders. Spending approximately $250million per year on cybersecurity, it brings security strategies into question in a big way.
The massive breach of Sony Pictures in November 2014, is “Sure to go down in the annals of cybercrime as one of the worst ever in terms of scope and sheer destruction.” Not only were Sony’s Systems completely compromised, but company data and movies were leaked online, and further data destroyed, potentially costing the company hundreds of millions in financial damages and reputational damage.
US home improvement giant Home Depot was compromised in September 2014, similar to the JPMorgan breach in terms of scale. 56 million credit and debit cards, and the personal information of a further 53 million people were exposed.
Community Health Systems
From April to June 2014 4.5 million records containing names, Social Security numbers, birth dates and other personal information were stolen from Community Health Systems, one of the USA’s largest Health Networks.
Over a period of 8 months, undetected hackers stole a total of 3 million credit and debit cards from Michaels, a US arts and crafts store chain.