News and Updates on Information Technology

Canada – Wattpad

Exploit: Unauthorized Database Access
Wattpad: Entertainment Platform

Risk to Small Business: 1.883 = Severe

Wattpad has announced that it is investigating claims of a breach that occurred during the first week of July of approximately 270 million user records after they were discovered being sold on the Dark Web.  The cybersecurity researchers who discovered the information say that the stolen users’ records included login credentials, full names, contact numbers, dates of birth, password hashes, Facebook identifications, Tumblr passwords, and email addresses.

Individual Risk: 2.224 = Severe

Wattpad users should immediately reset their account credentials and be aware of the potential for spear phishing and identity theft using this information.

Customers Impacted: 271 million

How it Could Affect Your Customers’ Business: This kind of incident is messy and expensive to recover from in every way, from forensics to public relations. Adding strong protections like Multifactor Authentication to database access points helps keep data safe by putting an extra roadblock between your data and the bad guys.