Thursday, January 17, 2019

United States- Titan Manufacturing and Distribution

United States- Titan Manufacturing and Distributionhttps://cyware.com/news/hackers-breached-titan-manufacturing-companys-computer-system-stealing-customer-data-8971d5f9Exploit: System breach through malware attack.
Titan: Retailer for tools, housewares, and household appliances.
correct severe gaugeRisk to Small Business: 1.555 = Severe: Even though the company stated that it does not store customer information, the malware installed on the system was able to access shopping carts, revealing full names, billing addresses, contact numbers, and payment card details including card numbers, 
correct severe gauge                                                   Individual Risk: 2.428 = Severe: With personal and financial records exposed, the individual risk involved with this breach is incredibly high. So far, Titan and their third-party security expert only knows that customers who purchased goods from its online stores between November 23, 2017 and October 25, 2018 were potentially breached. This means that the data could have already have been auctioned off on the Dark Web or exploited for further payment breaches.
Customers Impacted: Total number to be determined, but 1,838 Washington residents were affected.
How it Could Affect Your Customers’ Business: System breaches that go undiscovered for large periods of time cost incrementally more by the day. Since this exploit was discovered over a year after it began, businesses are liable for damages, future identity theft protection services, and potential litigation. Such a crisis can be averted by working with the right MSSPs, Solution Providers, Systems Integrators, and OEMs.ID Agent to the Rescue: Dark Web ID™ monitors the Dark Web and can help discover this form of breach before it hits the news cycle. We work with MSSPs to strengthen their security suite by offering industry-leading detection. Find out more here: https://www.idagent.com/dark-web/.
Risk Levels:1 - 1.5 = Extreme Risk1.51 - 2.49 = Severe Risk2.5 - 3 = Moderate Risk*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.

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