The latest - in the what seems to be almost daily occurrences of private information belonging to customers of American retail businesses being compromised - affects those who had made purchases through Best Buy with their credit cards.
This major data breach is similar to those which hit both<a href="https://thegoldwater.com/news/22395-Fly-Delta-Shop-at-Sears-Hackers-Most-Likely-Have-Your-Credit-Card"> Delta and Sears </a>in terms of credit card information being stolen.
Data breaches are becoming more frequent with recent attacks on the companies of<a href="https://thegoldwater.com/news/22051-Millions-Exposed-By-Saks-Lord-and-Taylor-Data-Breach">Saks 5th Avenue, Lord & Taylor</a>, and also the likes of<a href="https://thegoldwater.com/news/21834-Under-Armour-Caught-in-Major-Data-Breach-Affecting-150-Million-Customers"> Under Armour, </a>who each say they suffered from comprises themselves but didn't risk customer credit card details in those events as Sears and Delta.
With Best Buy being one of the nation's largest electronics giants, this could have impact on the stock of the company, who themselves offer in-home cyber-security through the<a href="https://thegoldwater.com/news/19588-More-FBI-Illicit-Spying-Best-Buy-s-Geek-Squad-Nabs-Pedophile-Through-Sketchy-Practices"> “Geek Squad” </a>service, that's also come under fire as of late for accusations that they've worked alongside the FBI is assisting in criminal investigations.
The controversial measures were taken by “Geek Squad” already affected the trust of Best Buy, but this shocking intrusion of the details of potentially millions of clients comes through a third-party company hired by Best Buy, [24]7.ai, that provides customers with various online services including an online representative chat, in which was also used by Delta and Sears during their recent intrusions.
Best Buy reported today that the “illegal intrusion” through [24]7.ai occurred sometime between September 27th and October 12th of 2017, saying, "As best we can tell, only a small fraction of our overall online customer population could have been caught up in this [24]7.ai incident, whether or not they used the chat function.”
This time-frame is also when both Delta Air Lines and also the Sears Holding Corp. were affected, showcasing the flaws in the [24]7.ai services.
Sears had originally announced that less than 100,000 customers were affected, while both Delta and Best Buy haven't released any official numbers as to who may have been affected by the breach outside of suggesting their “online population”.
We will update the story with any relevant information as it arises regarding the most recent attacks on Best Buy.
Additional Sources:
http://money.cnn.com/2018/04/06/technology/best-buy-hack-data-breach/index.html
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