As the world climbs the ladder of digital revolution, the risks associated with data breaches continue to grow. The loss or theft of digital credentials impacts the credibility of tech firms and social networking platforms in terms of business and especially user's trust, which is quite hard to reclaim in today's competitive world.
As per a report, over 1 Billion user's credentials were dumped online as a result of mega breaches in popular social networks in the past few months.
The list of companies includes popular names like Yahoo, LinkedIn, Oracle, etc. and raises a question on the growing security concerns of the digital world of which everybody is now a part of.
Here we have compiled a list of top digital security breaches in the last few months, which in one or other way affects everyone connected to internet. Let's take a look.
Yahoo: 500 Million Yahoo accounts breached
In what may be one of the largest cybersecurity breaches ever, Yahoo on Thursday confirmed that data "associated with at least 500 million user accounts" have been stolen from the company's database.
As per company, a "state-sponsored actor" was behind the data breach, meaning an individual acting on behalf of a government. The data breach is said to have occurred in late 2014 and has compromised information including names, email addresses, telephone numbers, dates of birth, hashed passwords and, in some cases, encrypted or unencrypted security questions and answers.
The online giant is working with law enforcement to learn more about the security breach and have urged users to change their password and security questions.
Dropbox: 68 Million account details leaked online
Dropbox, the online cloud storage platform last month (Aug 30) confirmed that a group of hackers have obtained credentials for more than 68 Million user accounts. The storage provider notified its customers of the potential breach that took place in 2012 and have asked users to reset their passwords.
To check whether your data is included in the breach, visit HaveIbeenpwned and enter your e-mail address or username.
Oracle: Massive attack on company’s MICROS division
Oracle also joins the list of companies that were recently affected by online theft. The software giant on August 8, 2016 confirmed that its MICROS division - one of the world's top three point-of-sale (POS) services, which Oracle company acquired in 2014 suffered a massive security breach.
The company said that hackers infected hundreds of computers at their point-of-sale division, infiltrated the support portal used by customers, and potentially accessed sales registers all over the world causing big harm to user's security.
Oracle then told businesses to change their MICROS account that are used by MICROS staff to control on-site payment terminals remotely.
LinkedIn: 117 Million encrypted passwords stolen
Next in the list is LinkedIn, the largest online professional network, which become the victim of online theft in May 2016. A hacker, which goes by the name ‘Peace' stole 117 million encrypted passwords from the site and posted them to a Russian crime forum.
As usual, Linkedin officials directed users to update their passwords on the site and also asked them to implement two-factor authentication process to login to their accounts.
Snapchat: Employee’s data compromised
Last but not the least, Snapchat- one of the favorites app among the smartphone users around the globe revealed on its blog that the data of some of its employees, current and past, has been compromised. The messaging platform revealed about the breach in February 2016, where a scammer imitated the company's CEO, Evan Spiegel, and sent a phishing email asking for payroll information to an employee in that department.
Sadly, the employee failed to realized it was a scam, and disclosed the data. But the good news is that the user data and the company's data servers are safe because it turned out that it was an isolated phishing incident and reporting it to the FBI.