MyDeal's 2.2m customers have been exposed in a major data breach.
👉 Background: MyDeal is an online retailer that sells everything you need from beds to airpods and even cutlery. They also sell stuff you don’t need but buy anyway - like diffusers, microfibre sheets and floating mops.
👉 What happened: MyDeal launched back in 2011 and Woolworths took an 80% stake in MyDeal in September 2022 for around $200m. But now, MyDeal’s 2.2m customers have been exposed in a major data breach.
👉 What else: We’re talking customer names, email addresses, phone numbers and delivery addresses. And after Optus, Medibank Private and now MyDeal, it seems like cyber criminals have a real ‘thing’ for Australian businesses right now.
💡Australia is becoming a hotspot for cyber criminals. In fact, there was an81% increase in cyber security incidents in Australia between July 2021 and June 2022 according to research by Imperva.
💡 During the pandemic, many companies inadvertently opened up more opportunities for cyber crimes. In the race to get things online ASAP, companies rushed their tech implementations.
💡But these shortcuts left company systems vulnerable to exploitation. And now, it seems like cyber criminals are sniffing out these vulnerabilities.
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