In 2013, Target faced a monumental cybersecurity crisis when it became the victim of a cyber attack that exposed the payment card information of 41 million customers and personal contact information for approximately 70 million people. This breach was orchestrated through a spear-phishing attack on a third-party vendor, which allowed the attackers to access Target's network. Subsequently, malware was installed to collect customer data over two months. The repercussions were severe, resulting in the departure of Target's CEO and the company incurring costs upwards of $290 million. This included fines totalling $18.5 million to settle nationwide claims, remediation efforts, consulting fees, and other related expenses. This cyber attack underscores the critical importance of vigilant cybersecurity measures, especially in safeguarding third-party vendor connections and the need for robust systems to detect and prevent malware deployment.
Source: https://arcticwolf.com/resources/blog/10-major-retail-industry-cyber-attacks/
"id": "tar802050524",
"linkid": "target",
"type": "Breach",
"date": "02/2021",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"