The cyber attack on Home Depot, a prominent American home improvement supplies retailing company, marks one of the largest breaches in retail history. Using login credentials from a third-party vendor, attackers infiltrated Home Depot's network between April and September 2014. They deployed malware on the retailer's point-of-sale (POS) systems to capture customer payment information. This breach affected 52 million customers, significantly impacting trust and financials. Home Depot faced a substantial financial hit, with the incident costing them around $215 million. This figure includes $17.5 million paid to settle claims nationwide and $198 million in pretax expenses related to the breach and ensuing litigation. The breach underscores the critical need for robust cybersecurity measures in protecting sensitive customer data and maintaining trust in retail operations.
Source: https://arcticwolf.com/resources/blog/10-major-retail-industry-cyber-attacks/
"id": "the607050724",
"linkid": "the-home-depot",
"type": "Cyber Attack",
"date": "09/2014",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"