News and Updates on Information Technology


Exploit: Account Takeover (ATO)

Intuit: Financial Software Developer

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.612= Severe

Accounting software giant Intuit has notified customers that they have suffered a breach. The company warned users of TurboTax that their personal and financial information was accessed by attackers following what looks like a series of account takeover attacks. Intuit announced that the threat actors used credentials (usernames and passwords) obtained from “a non-Intuit source” to gain access to the accounts.

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.832= Severe

Intuit notified potentially impacted clients by mail that information contained in a prior year’s tax return or current tax returns in progress including their name, Social Security number, address(es), date of birth, driver’s license number and financial information (e.g., salary and deductions) and information of other individuals contained in the tax return may have been exposed.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business Clients expect a high level of information security from companies that they trust with their personal and financial information, and may stop doing business with companies that fail to protect it.

Source: Bleeping Computer