Rippleshot Blog

Today, United Parcel Service Inc. (UPS) said a breach of its computer systems occurred, potentially exposing customers’ personal and payment data across the United States. A spokeswoman for UPS, Chelsea Lee, said that the company found malware at 51 locations in 24 states and that the company began investigations into its computer systems on July 31st.

eBay is set to report its second-quarter results on July 16th. For the year eBay’s share price is down almost 7% and Youssef Squali of Cantor Fitzgerald has said, the company’s results will likely be “tainted” by the effects of the data breach which was announced in late May. Until eBay’s earnings report is released to the public, it will be difficult to quantify the impact of this massive data breach and the role its played in the “largest online retailer data breach in 2014.”

Over the last 7 years, there have been over 50 data breaches across the globe with at least 1 million records affected per data breach. We've compiled a list of 53 (and growing) data breaches from major organizations including eBay, AOL, Facebook, Experian, Evernote and Target. A recent Ponemon Institute study estimates that nearly 110 million U.S adults have had their personal data compromised in the last 12 months. Organizations across the globe have to start asking WHEN they will breached, not IF.

Today, eBay announced a truly massive data breach of sensitive data on 148 million customers, making it perhaps the second largest data breach of all time, exceeded only by the 160 million records announced lost in June 2013 by a variety of companies.

On November 27th 2013, malware was first installed throughout Target's US environment, prompting what would become the second largest credit card data breach in US history. Some estimates state that at least 70M people have had their information compromised in the Target data breach, which comes out to roughly 45% of all card-holding consumers (160M) in the US. As we approach the 6 month anniversary of Target's data breach, new updates and headlines continue to emerge.

The last few weeks are filled with reports on recent data breaches and how politicians and industry leaders in Washington want to change how data security regulation must be implemented. But how bad is the problem, really?

So much has happened in the Target data breach story, it's hard to keep it all straight. We've been compiling a detailed timeline of the breach, the fallout, and more details about the actual malware attack.