(The Hosting News) – $2.7 million dollars was lost during a recent breach of Citigroup’s system, the company confirmed to CNN on Monday.
By breaching the system last month, the hackers succeeded in compromising user credit card accounts.
The company had initially reported that the breach affected around 1% of its customers. It also compromised user information including customer names and email addresses.
Citigroup contacted customers affected by the breach shortly after its discovery.
With news of the amount, CNN also reported that Citigroup will not hold those affected liable for financial losses.
Based in New York City, Citigroup operates worldwide financial services for nearly 200 million people.
Citigroup is just one of many companies to have its system hacked recently. Lockheed Martin also admitted last month that its system had been breached.
SPONSOR SHOWCASE
| Atlantic.Net Cloud Servers - 4 to 40 Times Faster than VPS – FREE SETUP & FREE TRIAL * Cloud Servers from only $5.11 per month * 4 to 40 Times Faster than VPS * cPanel/WHM Control Panel * API Access * No Contract & No Commitments * Usage Based Plans from 0.7 cents per hour * Atlantic.Net, Inc. Est. 1994 |
Comments:
Related posts:
- Colocation, VoIP Firm, Level 3, Featured at Citigroup Telecom Conference
- Colocation, VoIP Firm, Level 3, Participates in Citigroup 2008 Global Telecom
- Suspects Arrested in Hack of Sony’s PSN
- Iran Reports Internet Loss Due to Cyber Attacks
- Web.com Preserves Net Operating Loss Carryforwards, with Shareholder Rights Plan
