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Tag: cyberattacker

IT Services & IT Solutions Mississauga & Toronto

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Debt-Collector Firm Files For Bankruptcy Following Data Breach Costing Millions

New York-based debt collection company Retrieval-Masters Creditors Bureau, Inc. has filed for bankruptcy due to a massive data breach. Following the leak, the legal obligation on the company to notify the 7 million affected by the data breach cost it $3.8 million. Another $400 000 was also spent on external IT consultants to determine the…
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Why are Cyberattackers Targetting Loyalty Programs?

Cyberattackers have recently taken an interest in hacking company loyalty programs. This was illustrated by a recent data breach in Marriott, which affected over 500 million customers. The guests that were affected were a part of the organization’s Starwood Preferred Guest loyalty program, which is a joint program by Marriott and Starwood Hotels and Resorts.…
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