Menu
Verizon's breach experts missed one right under their noses

Verizon's breach experts missed one right under their noses

An intruder to Verizon Enterprise stole contact data on customers -- maybe as many as 1.5 million

Verizon Enterprise, a bulwark against cyberattacks at many large organizations, has suffered a security breach itself.

A flaw in the company's systems allowed an attacker to steal contact information on Verizon Enterprise customers, the company acknowledged Thursday. Verizon said it has fixed the flaw and is notifying those users, but it hasn't disclosed how many were affected.

The intruder couldn't get to any customer proprietary network information, Verizon said, referring to data such as call records and billing information.

The breach came to light Thursday in a post on the blog Krebs on Security. Krebs reported the hacker stole contact information for about 1.5 million Verizon Enterprise customers and offered it for sale for US$100,000 on a cybercrime forum. Because the data was offered for sale in the MongoDB format, among others it's likely the attacker forced a MongoDB database at Verizon to dump its contents, the blog said.

Verizon prides itself on keeping abreast of the latest attack methods by monitoring its global Internet backbone, and it uses that information to tell customers how to secure their systems. It also sells managed security services for enterprises.

In a report last year on data from more than 70 organizations, the company estimated that the average cost to a company of one breached data record was US$0.58. It found a wide range of total costs in different cases, up to $100,000 per record.

But in the same report, Verizon found breaches were being discovered more quickly. The time to discovery had fallen from months and weeks to hours and days, it said. Still, intruders can start to do damage immediately. Only 8 percent of breaches were discovered within seconds, the report said.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP has honoured its leading partners in New Zealand during 2018, following 12 months of growth through the local channel. Unveiled during the fourth running of the ceremony in Auckland, the awards recognise and celebrate excellence, growth, consistency and engagement of standout Kiwi partners.

Meet the top performing HP partners in NZ
Show Comments