In December 2013, Target and its customers were shocked when the news came out: 40 million Target credit cards had been stolen in nearly 2 000 Target stores. Hackers accessed data from a point-of-sale system and more than 11 GB of data was stolen. Target received internal alerts and took no action. As a result, Target discovered the breach when contacted by the Department of Justice. Target Corp. will pay 18.5 million to 47 states as part of a settlement over the 2013 data breach. The cost of the breach is ridiculously high. Senior management, including CEO Gonsalves and CIO Baldwin, lost their jobs. Target board members were threatened with dismissal. Banks had to refund stolen money to customers via their credit cards and pay for replacement cards costing more than 200 million. Say no to plagiarism. Get a custom essay on “Why Violent Video Games Should Not Be Banned”?Get the original essayUsing a cloud computing setup, hackers launched malware on Home Depot's servers in 2014. 56 million Debit and credit card numbers were recovered before the hackers were kicked off the servers. This cost Home Depot approximately $56 million in restitution. A collective group of hackers calling themselves the Guardians of Peace managed to introduce malware into Sony's servers. Guards claim to have stolen 100 terabytes of data from Sony servers. The data cleanup and recovery cost Sony $100 million. Health insurer Anthem's cloud storage was hit hard by hackers in February 2015. A cyberattack stole the personal information of nearly 80 million people. The stolen information included names and Social Security numbers, putting customers at risk of identity theft. This mistake is estimated to cost Anthem over $100 million. In 2008, Heartland Payment Systems was hit by nasty malware that broke into their data room and stole over 130 million debit and credit card numbers. The company didn't even know about it until early 2009! At the time, it was the costliest breach, totaling approximately $140 million in legal fees and overall costs. Beginning their attack in 2007, the hackers attacked fashionable retailer TJ Maxx over an incredible 18 months. The TJ Maxx hack initially caused $118 million in damages, but has since ballooned to $162 million as the company continues to deal with the aftermath. Sony's PlayStation took a hit in 2011, a few years before Guardians turned its attention to the entertainment division. Various hackers broke into Sony's digital data room and stole 100 million customer records from the PlayStation Online service. It cost them a whopping $171 million and the public's opinion of them deteriorated after it was discovered that Sony knew about the hack six days before announcing it to the public. Clever hackers attacked Hannaford Bros' main servers in 2007 and the malware spread. to their 300 stores as well as independent stores that sold Hannaford products. In total, the hackers stole 4.2 million debit and credit card numbers, at an estimated cost of $252 million. Keep in mind: this is just a sample. Get a personalized document now from our.