Payment processing software compromises 15,000 Hy-Vee customers’ information

Exploit: Unauthorized database access
Hy-Vee: Supermarket chain with 245 locations throughout the Midwestern United States

high-risk-meter
Risk to Small Business: 1.777 = Severe:  Unauthorized activity involving payment processing software compromised transaction data at the company’s fuel pumps, coffee shops, and restaurants. However, card data involving the company’s supermarket check lanes and other payment systems was not impacted by the breach. As a result, the regional company will have to spend considerably to upgrade its cybersecurity standards and absorb the less quantifiable costs in brand erosion.

high-risk-meter
Individual Risk: : 2.428 = Severe: Hy-Vee took steps to eradicate the malicious activity, but the company has not revealed the specific data sets that were compromised in the breach. Given that the event focused on point-of-sale platforms, it’s possible that names and payment information was made available to hackers. Customers should anticipate further developments from the company, but they should carefully monitor their accounts to identify suspicious activity.

Customers Impacted: 15,298
How it Could Affect Your Customers’ Business: Supporting those impacted by a data breach is the most important responsibility of any company that fails to protect customer data. Having the policies, procedures, and technology in place to quickly respond to a breach can help mitigate the inevitable reputation damage and customer blowback that accompanies a security lapse.

Risk Levels:

1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk

*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.


3 Essential Types Of Cyber Security Your Business Must HaveCLICK HERE!
+ +