Hacking

Description Starting in the spring of 2014, eBay was subjected to a series of security intrusions into its database of user passwords. The breach occurred when hackers compromised some employee login credentials, giving them access to the eBay system. It took over two months for eBay to know it had been compromised. The eBay hack came on the heels of the massive Target hack. Target’s security center was warned of the invasion but did nothing. At Neiman Marcus, alarms were set off as credit card data was being stolen. Sony with its enormously large and successful Cloud-based gaming system, the PlayStation network, also was attacked. Intrusions resulted in compromising financial data, including credit card numbers, for literally millions of participants. Moreover, this was not a single giant assault, but a series of recurring attacks (apparently conducted by a collective) that Sony’s security experts seem to have been unable to stem. The result has been huge financial losses for the company and, potentially more seriously, damage to its reputation that it may never be able to repair. You can read about these hacks in the following articles. Mac, Ryan (2014). California joins other states in investigation of EBay hack. http://www.forbes.com/sites/ryanmac/2014/05/23/as-ebay-notifies-users-of-hack-states-launch-investigation/ Riley M., Elgin, B., Lawrence, D., and Matlack. C. (2014). Missed alarms and 40 million stolen credit card numbers: How Target blew it. March 13, 2014. http://www.businessweek.com/articles/2014-03-13/target-missed-alarms-in-epic-hack-of-credit-card-data Elgin, B., Lawrence, D., and Riley, M. (2014). Neiman Marcus hackers set of 60,000 alerts while bagging credit card data, Feb 21, 2014. http://www.businessweek.com/articles/2014-02-21/neiman-marcus-hackers-set-off-60-000-alerts-while-bagging-credit-card-data Mills, E. (2011) Attacks on Sony, others show it’s open hacking season. CNET News. Retrieved June 13, 2011, from http://news.cnet.com/8301-27080_3-20069995-245/attacks-on-sony-others-show-its-open-hacking-season/#ixzz1PHwIH7dt Mills, E. (2011) Who is behind the hacks? (FAQ). CNET News. Retrieved June 14, 2011, from http://news.cnet.com/8301-27080_3-20071100-245/who-is-behind-the-hacks-faq/?tag=rtcol;inTheNewsNow Undoubtedly, you will wish to do some further research on this situation. A good place to begin would be googling a search term such as “Sony security problems” or some variant on that theme, and then following leads as they seem interesting to you.

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