1.5 Million Customers’ Information Stolen in Verizon Data Breach

1.5 Million Customers’ Information Stolen in Verizon Data Breach

March 28, 2016         Written By Lynn Oldshue

Verizon Enterprise Solutions has confirmed they were the victim of a data breach last week.

The B2B division of the telecommunications company, which has responded to some of the largest data breaches in the world, told KrebsOnSecurity they discovered the security flaw that allowed the hacker to steal the contact information of 1.5 million Verizon Enterprise customers.

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“Verizon recently discovered and remediated a security vulnerability on our enterprise client portal,” the company said in an emailed statement. “Our investigation to date found an attacker obtained basic contact information on a number of our enterprise customers. No customer proprietary network information (CPNI) or other data was accessed or accessible.”

The customer contact information was listed for sale on an underground cybercrime forum. The asking price for all of the breached information was $100,000, but the seller also offered packages of 100,000 records for $10,000. Information about the security vulnerabilities on Verizon’s website was also for sale.

Verizon has not yet released details on how the breach occurred, but it has started notifying affected customers.

The information contained within this article was accurate as of March 28, 2016. For up-to-date
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About Lynn Oldshue

Lynn Oldshue has written personal finance stories for LowCards.com for twelve years. She majored in public relations at Mississippi State University.
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