Customers recommended being wary after Epsilon database hack 

by Candice Miller Wednesday, May 04, 2011
Last week hackers broke in to the database of Epsilon, a web marketing firm. The Epsilon database hack exposed the names and emails of millions of consumers at charge card corporations and major retailers. Many major credit card holders are receiving warnings from banks about the breach, which is likely to spawn a spate of spam in the form of phishing emails. Post resource - Epsilon database hack exposes millions to phishing attacks by MoneyBlogNewz.

Names at Epsilon hacked

The Epsilon database hack could be the biggest in history of a hack while millions of names and emails were stolen. Epsilon, a Dallas-based business which sends more than 40 billion marketing emails a year for more than 2,500 clients, announced Friday that an intruder hacked into client' customer files that are established when people register at a company's site or give retailers their email address.Several businesses were impacted by this. There were at least a dozen involved. Banks were affected by this including J.P. Morgan Chase, Citigroup, U.S. Bancorp, Barclays Bank and Capital One. Consumers have to try to find phishing scams in the future. Customers who have done business with retailers such as HSN, Best Buy, TiVo, Walgreens and Kroger have also been exposed. Students should worry as about 5,900 colleges and universities were in the College Board database, the company that organizes the SAT. This information may also have been stolen.

Knowing if you’re in a scam

The Epsilon database hack stole many names and email addresses. Scam was, more than likely, the reason of this. Account holders can be targeted with this “phishing” scam, which might be very effective. The login information is stolen giving hackers access with phishing emails trying to trick consumers into logging into a fake account. Once hackers have a person's name and email address, they might also find personal details on Facebook that can be used to make the email more convincing. You know it is a phishing scam if it asks for you to update credit card information. It also might say the account will be closed if information is not updated. Because the account is compromised, phishing scams will ask for account information.

A new record for stealing data

Although Epsilon said the database hack was limited to consumer names and emails, the company hasn't yet made clear how several customers or students have been exposed. Epsilon clients already mentioned were not the only ones at risk. AstraZeneca, Kraft Foods, Hilton Hotels and Verizon Communications might also be at risk. Internet security analysts believe the Epsilon database hack might surpass the Heartland Payment Systems hack, currently recognized as the biggest identity-theft incident in U.S. history. A 20 year prison sentence was given to cyber-criminal Albert Gonzalez. He got to the Heartland Payment Systems and stole over 40 million card numbers to use for his own personal use.


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0    submitted by Candice Miller
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