The Largest Cybersecurity Breaches of 2022

Introduction

In 2022, the number of websites affected by cybersecurity attacks grew exponentially. 

According to Check Point Research (CPR), the number of data breaches reported in 2022 was 39% higher than in 2021. Despite reaching unprecedented levels already, cyberattacks are only expected to become more frequent in 2023.

Below, we’ll document the 10 largest data breaches reported in 2022, reinforcing why every business needs an objective and adaptive cybersecurity strategy.

1. Twitter

Twitter is facing accusations of a cover-up in regards to a massive data breach that has affected millions of users in the US and EU. Cybersecurity expert Chad Loder alerted the public to the breach on November 23, 2022, stating that it occurred no earlier than 2021 and had not been previously reported. This comes after Twitter admitted to a separate data breach in July 2022 that affected millions of accounts.

2. BidenCash

An alarming data breach has exposed over 1.2 million credit card numbers on a notorious hacking forum. The carding marketplace, known as BidenCash, made the stolen information available for free on October 12, 2022. The leaked data includes credit card numbers set to expire between 2023 and 2026, as well as other sensitive details necessary for online transactions. These types of marketplaces are used for trading stolen credit card information for financial fraud, often involving significant sums of money.

3. Optus

On September 22, 2022, Australian telecom company Optus experienced a severe data breach that allowed access to the personal and medical information of 11 million people. The compromised data included names, dates of birth, phone numbers, email and home addresses, driver’s license and/or passport numbers, and Medicare ID numbers. This breach has left Optus customers at risk of identity theft and other malicious actions.

4. WhatsApp

On November 16, 2022, a hacker made a shocking announcement on the dark web: they were selling the personal information of a staggering 500 million WhatsApp users from 84 countries. The dataset, which the hacker claimed was up-to-date, included the details of 32 million US users, 11 million UK users, and 6 million German users. The hacker promised buyers “very recent mobile numbers” of WhatsApp users. This event has sparked concern and caution among the messaging app’s global user base.

5. Medibank

On October 13, 2022, Australian healthcare provider Medibank discovered suspicious activity on its internal systems. Four days later, the company was contacted by a hacker trying to “negotiate” the removal of customer data. Medibank refused to succumb to the hacker’s demands and publicly announced the data leak, which affected 9.7 million people. This incident has caused concern for Medibank’s customers and serves as a reminder of the constant threat of cyber attacks.

6. Uber & Rockstar

In the span of just one week, two major companies fell victim to a skilled hacker. On September 15, 2022, Uber’s internal servers were breached after a contractor’s device was infected with malware and their login information was sold on the dark web. The hacker then accessed additional employee accounts, giving them access to a variety of internal tools. They even took the bold step of posting a message to a company-wide Slack channel and altering Uber’s Open DNS to display a graphic image to employees on certain internal sites. This incident serves as a warning to companies to prioritize cybersecurity and the protection of their employees’ and customers’ data.

7. Twitter (again)

In July 2022, a hacker going by the name ‘devil’ announced on a hacking forum that they had obtained the data of 5.4 million Twitter accounts and were willing to sell it. The stolen information included email addresses and phone numbers from various groups of people, including celebrities and businesses. The hacker, ‘devil,’ stated that they would not accept offers below $30,000 for the database. Twitter has since confirmed that this data breach occurred and is taking steps to protect the affected accounts.

8. Nelnet Servicing

In June 2022, a devastating data breach at student loan servicer Nelnet Servicing exposed the sensitive information of over 2.5 million users. An investigation later revealed that a weakness in the system allowed a third party to access student loan account registration data, including names, addresses, phone numbers, and social security numbers, from June to July 22, 2022. This breach has caused concern for those affected and serves as a reminder of the importance of protecting personal information online.

9. Shein

In October, fast fashion brand SHEIN and its parent company, Zoetop Business Company, were hit with a $1.9 million fine by the state of New York for failing to disclose a data breach that affected 39 million customers. The breach, which occurred in July 2018, allowed a third party to gain unauthorized access to SHEIN’s payment systems. According to the New York Attorney General’s office, SHEIN’s payment processor was alerted to the issue by a credit card network and a credit card issuing bank, both of which had evidence of the infiltration and theft of card data. This fine serves as a reminder of the consequences of not properly disclosing and addressing data breaches.

10. Revolut

On September 11, 2022, a data breach at fintech start-up Revolut exposed the personal information of more than 50,000 customers. A third party was able to access Revolut’s database and obtain names, addresses, and partial payment card information for 50,150 users. While Revolut stated that complete card details were masked, the Lithuanian government confirmed that the company took swift action to stop the breach and protect its customers’ data once the incident was discovered. This event serves as a reminder of the importance of protecting personal information online.

Conculsion

The moral of the story – it’s more important than ever to invest in your businesses cybersecurity. Furthermore, your businesses security is rarely complete – new threats emerge daily and standards routinely change. Don’t wait until you’ve fallen victim to an attack; contact us today to schedule a consultation.

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Jason Fruge

Consulting Chief Information Security Officer (CISO)

Jason Fruge is an accomplished Consulting Chief Information Security Officer at Secutor Cybersecurity, bringing over 25 years of deep expertise in information security. His storied career includes leading and managing robust security programs for Fortune 500 companies across retail, banking, and fintech sectors. His current role involves providing strategic guidance and advisory services to clients, focusing on security governance, risk management, and compliance.

Apart from his consulting responsibilities, Jason is an active member of the global cybersecurity community. He is a Villager at Team8, a prestigious collective of senior cybersecurity executives and thought leaders. Additionally, he serves as an Advisor at NightDragon, an innovative growth and venture capital firm specializing in cybersecurity and enterprise technologies.

Jason’s tenure as a CISO is marked by a proven track record in developing and implementing comprehensive security policies and procedures. He adeptly leverages security frameworks and industry best practices to mitigate risks, safeguarding sensitive data and assets. His expertise encompasses incident response and root cause analysis, where he has notably managed cyber incidents to prevent breaches and minimize business disruption and customer impact.

A key aspect of Jason’s role has been the creation and facilitation of executive and board-level cyber risk committees, ensuring organizational alignment and awareness. His responsibilities have extended to maintaining compliance programs for standards such as PCI and SOX, as well as leading privacy and business continuity programs. Holding prestigious certifications like CISSP, QSA, and QTE, Jason is also a recognized thought leader, contributing articles on cybersecurity to InformationWeek.

Jason’s passion lies in driving innovation and fostering collaboration in the cybersecurity field. He is currently seeking an executive CISO role in a leading retail, finance, or fintech organization, where he can continue to make significant contributions to the cybersecurity landscape.

Jennifer Bayuk

Cybersecurity Risk Management Expert

Jennifer Bayuk is a highly esteemed cybersecurity risk management thought leader and subject matter expert at Secutor Cybersecurity. Her extensive experience encompasses managing and measuring large-scale cybersecurity programs, system security architecture, and a wide array of cybersecurity tools and techniques. Jennifer’s expertise is further deepened with her proficiency in cybersecurity forensics, the audit of information systems and networks, and technology control processes.

Jennifer’s skill set is comprehensive, including specialization in cybersecurity risk and performance indicators, technology risk awareness education, risk management training curriculum, and system security research. Her academic achievements are noteworthy, holding Masters degrees in Philosophy and Computer Science, and a Ph.D. in Systems Engineering. This strong academic background provides a solid foundation for her practical and strategic approach to cybersecurity challenges.

Certified in Information Systems Audit, Information Systems Security, Information Security Management, and IT Governance, Jennifer is a well-rounded professional in the field. Her credentials are further enhanced by her license as a New Jersey Private Investigator, adding a unique dimension to her cybersecurity expertise.

At Secutor, Jennifer plays a pivotal role in steering cybersecurity initiatives, aligning them with organizational risk appetites and strategic objectives. Her ability to educate and train in the realm of technology risk has been instrumental in raising awareness and enhancing the cybersecurity posture of our clients. Her dedication to research and continual learning makes her an invaluable resource in navigating the ever-evolving cybersecurity landscape.

Jennifer Bayuk’s blend of academic prowess, practical experience, and certifications make her an indispensable part of our team, as she continues to drive forward-thinking cybersecurity solutions and risk management strategies.

Steve Blanding

CISO Consultant

CISSP, CISA, CGEIT, CRISC

Steve is an IT management consultant living in Dallas, TX. Steve has over 35 years of experience in executive IT leadership, IT governance, risk and compliance (GRC), systems auditing, quality assurance, information security, and business resumption planning for large corporations in the Big-4 professional services, financial services, manufacturing, retail electronics, and defense contract industries. He has extensive experience with industry best practices for adopting and implementing new technologies, IT service management frameworks, and GRC solutions that have dramatically improved customer satisfaction while reducing cost.

Industry Experience

  • State Government: 5 years
  • Retail: 5 years
  • Defense Contract: 5 years
  • Manufacturing: 2 years
  • Health Care: 2 years
  • Local Government: 2 years
  • Public Accounting (Big 4): 7 years
  • Insurance: 3 years
  • Financial Services: 5 years

Key Career Accomplishments

  • Conducted a full-scale ISO27000 audit 4 times over the past 6 years.  Also, conducted a “light” ISO27000 review of a small Dallas-based company in 2007.
  • Developed and authored a comprehensive IT security policy manual, incident response plans, training programs, security contingency plans and configuration management plans for FedRAMP regulatory compliance.
  • Conducted multiple DR and operational backup and recovery IT risk assessments of critical business systems on mainframe, LAN, and distributed system networks located across North America.
  • Conducted data centers audits for Tyco Corporation (Brussels, 2005 and Denver, 2006), Farmers Insurance (Los Angeles, 2006), Zurich Financial Services (Chicago, Kansas City, and Grand Rapids, 2006), and Convergys Corporation (Dallas, 2010, 2011, and 2012).
  • Led a project to remediate segregation of duties and streamline user access system security and HIPAA compliance administration across 5 regions in North America, resulting in cost savings of $700,000 per year (Kaiser Permanente).
  • Implemented Sarbanes-Oxley Section 302 and 404 IT general and application controls, reducing security administration costs and improving operational performance by 50% or $500,000 annually (Tyco Corporation).
  • Led the global SAP business-IT alignment, process re-design implementation initiative for financial accounting, materials management, production planning, quality management, sales and distribution, warehouse management, and plant maintenance, which resulted in creating $2,000,000 in cost savings.
  • Engaged by Arthur Andersen in Houston to transform the local IT organization and then direct 3 organizational mergers/consolidations, which resulted in a 25% reduction in operating costs, or $3,250,000, while improving customer satisfaction by 30%, and improving employee morale, technology availability and the quality of IT infrastructure and service delivery.
  • Assigned by Arthur Andersen global leadership to lead global project teams responsible for data center and customer support call center consolidation, which resulted in annual operational cost savings of 45% or $4,000,000.
  • Implemented ITIL service management practices for problem management, incident management, help desk, project management, and operations management.
  • Conducted SOX 404 audits at Duke Energy (6 months), Red Hat (3 months), Tyco (9 months), Zeon Chemicals (4 months), and Convergys (2 months). Experience includes control design/documentation and effectiveness testing.

Publications:

Author, various articles in EDPACS and Auerbach’s IT Audit Portfolio Series, 1981 – 2001

Author, various articles in the Handbook of Information Security Management, 1993 – 1995

Editor, Auerbach’s Enterprise Operations Management, 2002

Editor, Auerbach’s IT Audit Portfolio Series, 2000 – 2002

Consulting Editor, Auerbach’s EOM Portfolio Series, 1998 -2001

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