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These were the badly handled data breaches of 2024
As we close out another year of rapid technological advancements and cybersecurity threats, it’s essential to reflect on the worst data breaches of the past year. While some companies have made significant strides in improving their security practices, others have failed to take adequate measures to protect their customers’ sensitive information.
One such egregious example is MoneyGram, which took over a week to disclose a cyberattack that exposed customer data. The company initially downplayed the incident, stating only that it was dealing with a “cybersecurity issue.” It wasn’t until weeks later that they admitted hackers had stolen Social Security numbers, government identification documents, and transaction information from millions of customers.
Another notable example is Hot Topic, which has remained mum on a data breach that affected an astonishing 57 million customers. Despite the massive scale of the incident, the company has refused to comment or notify those impacted, leaving them in the dark about their compromised personal data.
These badly handled data breaches not only put customer trust at risk but also highlight the need for increased transparency and accountability from companies when it comes to cybersecurity threats.
Source: techcrunch.com
