Target

Target

In 2013, Target faced a massive cyber attack that exposed 41 million payment cards and compromised contact information for approximately 70 million customers. This incident occurred when threat actors launched a spear phishing attack on a third-party vendor to steal user credentials. Having gained access to Target's network, the attackers then installed malware to capture customer payment information over a two-month period. The ramifications of this breach were severe; Target's CEO departed the organization, and the company had to settle fines totaling $18.5 million to resolve claims across the country. The total cost to Target, including expenses for remediation, consulting fees, and other payments, approached approximately $290 million. This cyber attack highlights the critical need for robust cybersecurity measures and the importance of vigilantly managing third-party risks.

Source: https://arcticwolf.com/resources/blog/10-major-retail-industry-cyber-attacks/

TPRM report: https://scoringcyber.rankiteo.com/company/target

"id": "tar246050524",
"linkid": "target",
"type": "Breach",
"date": "05/2023",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'customers_affected': '70 million',
                        'industry': 'Retail',
                        'location': 'United States',
                        'name': 'Target',
                        'size': 'Large',
                        'type': 'Retailer'}],
 'attack_vector': 'Spear Phishing',
 'data_breach': {'data_exfiltration': 'Yes',
                 'number_of_records_exposed': '111 million',
                 'personally_identifiable_information': 'Yes',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': ['Payment card information',
                                              'Contact information']},
 'description': 'In 2013, Target faced a massive cyber attack that exposed 41 '
                'million payment cards and compromised contact information for '
                'approximately 70 million customers. This incident occurred '
                'when threat actors launched a spear phishing attack on a '
                'third-party vendor to steal user credentials. Having gained '
                "access to Target's network, the attackers then installed "
                'malware to capture customer payment information over a '
                'two-month period. The ramifications of this breach were '
                "severe; Target's CEO departed the organization, and the "
                'company had to settle fines totaling $18.5 million to resolve '
                'claims across the country. The total cost to Target, '
                'including expenses for remediation, consulting fees, and '
                'other payments, approached approximately $290 million. This '
                'cyber attack highlights the critical need for robust '
                'cybersecurity measures and the importance of vigilantly '
                'managing third-party risks.',
 'impact': {'brand_reputation_impact': 'Severe',
            'data_compromised': ['41 million payment cards',
                                 'Contact information for 70 million '
                                 'customers'],
            'financial_loss': '$290 million',
            'identity_theft_risk': 'High',
            'legal_liabilities': '$18.5 million in fines',
            'payment_information_risk': 'High'},
 'initial_access_broker': {'entry_point': 'Third-party vendor'},
 'lessons_learned': 'The critical need for robust cybersecurity measures and '
                    'the importance of vigilantly managing third-party risks.',
 'motivation': 'Financial Gain',
 'post_incident_analysis': {'root_causes': 'Spear phishing attack on a '
                                           'third-party vendor'},
 'regulatory_compliance': {'fines_imposed': '$18.5 million'},
 'title': 'Target Data Breach',
 'type': 'Data Breach',
 'vulnerability_exploited': 'Third-party vendor access'}
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