Description: In one of the most significant cybersecurity breaches impacting the retail sector, Home Depot faced a formidable cyber attack between April and September 2014. Using a third-party vendor's login credentials, attackers infiltrated Home Depot’s network, then deployed sophisticated malware designed to infect the retailer’s POS system, aiming to harvest customer payment information. This breach had a massive scope, affecting 52 million customers. It caused considerable financial and reputational damage to the company. Home Depot subsequently agreed to pay $17.5 million to settle claims across the country, linked to this incident. However, this sum was only a part of the overall financial impact on Home Depot, which incurred pretax expenses of $198 million related to the breach, its aftermath, and subsequent litigation by customers, payment card issuers, and financial institutions before reaching the settlement. This event underscores the critical importance of stringent cybersecurity measures and the potential consequences of vulnerabilities within third-party vendor systems.

Description: In 2014, Home Depot experienced a major security breach that compromised over 50 million credit cards. Cybercriminals exploited a third-party vendor’s credentials to access the network and install malware on point-of-sale systems. As customers swiped their credit cards at physical stores, their data was clandestinely captured by the attackers, posing serious privacy and financial risks.

Description: In 2014, Home Depot experienced a massive data breach compromising over 50 million credit card records. Thieves obtained access through a third-party vendor’s credentials, installing malware on point-of-sale systems and enabling the theft of customer credit card information during transactions.

Description: 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.

Description: Home Depot experienced a significant cybersecurity breach between April and September 2014, which impacted 52 million customers. This incident involved attackers gaining access to the company's network through a third-party vendor's compromised login credentials. Subsequently, they deployed malware on Home Depot's point-of-sale (POS) system to collect payment information from customers. As a result, Home Depot incurred a total cost of $215 million related to the breach, including a settlement of $17.5 million to resolve claims from across the country. This event underlines the critical need for stringent cybersecurity measures, especially concerning third-party vendors and the protection of POS systems from malware attacks.

Description: Home Depot experienced a significant cybersecurity breach between April and September 2014, where attackers utilized a third-party vendor's login credentials to gain network access. They deployed malware on the company's Point of Sale (POS) systems to collect customer payment information. This cyber incident impacted 52 million customers, making it one of the largest breaches in retail history. The breach had far-reaching financial implications for Home Depot, with the company incurring $215 million in costs. This included a $17.5 million settlement to resolve claims across the country and pretax expenses of $198 million related to the breach, litigation by customers, card issuers, and financial institutions. The breach underscored the critical importance of securing third-party credentials and enhancing POS system security to prevent future incidents.