Number 3 and counting

In the latest round, first there was Target, then Neiman Marcus.  Now Michaels.  Another store chain may have been hit by hacker software.

Why these three?  Were their systems particularly vulnerable?  Or was this random?  Were I to plan such a hack, and only had three chances, I would have picked differently.  Might have leaned more towards BestBuy, WalMart and Macy’s. I’d look for high-volume stores where the customers are wealthier.  Security holes are everywhere.  Seriously, were these the only three chains where someone opened a phishing email?  Or where thieves could remotely or physically attack the mainframe?

I guess we’ll learn when we learn.

“Michaels may be latest to suffer credit card breach,” Houston Chronicle, January 26, 2014 A5

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Filed under Business Case, Controls, Interconnections, Internal controls, IT, Risk, Security, Third parties

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