Bed Bath & Beyond revealed last week in an SEC filing that it recently suffered a data breach after an employee fell victim to a phishing attack.
Only few details have been shared by the retailer as the investigation is ongoing. The company explained that it became aware of unauthorized access to some data after an employee was targeted in a ‘phishing scam’ in October.
The hacker gained access to data on a hard drive and some shared drives the targeted employee had access to. At this point in the investigation, there is no evidence that the compromised drives stored sensitive or personally identifiable information.
“At this time the Company has no reason to believe that any such sensitive or personally identifiable information was accessed or that this event would be likely to have a material impact on the Company,” Bed Bath & Beyond said.
News of the hack came to light in an SEC filing where the company announced an offer to sell up to $150 million worth of stock.
This is not the first time Bed Bath & Beyond has disclosed a cybersecurity incident. In 2019, the retailer revealed that some customer accounts had been breached. At the time, it said hackers had obtained username and password combinations from a breach at a different company and relied on the fact that many people use the same credentials for multiple online accounts.
Related: Retail Giant Woolworths Discloses Data Breach Impacting 2.2 Million MyDeal Customers
Related: Twilio Says Employees Targeted in Separate Smishing, Vishing Attacks
Related: Breached American Airlines Email Accounts Abused for Phishing
Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.
More from Eduard Kovacs
- In Other News: Government Use of Spyware, New Industrial Security Tools, Japan Router Hack
- Apple Denies Helping US Government Hack Russian iPhones
- Zero-Day in MOVEit File Transfer Software Exploited to Steal Data From Organizations
- Russia Blames US Intelligence for iOS Zero-Click Attacks
- Cisco Acquiring Armorblox for Predictive and Generative AI Technology
- Moxa Patches MXsecurity Vulnerabilities That Could Be Exploited in OT Attacks
- Organizations Warned of Salesforce ‘Ghost Sites’ Exposing Sensitive Information
- Organizations Warned of Backdoor Feature in Hundreds of Gigabyte Motherboards
Latest News
- Insider Q&A: Artificial Intelligence and Cybersecurity In Military Tech
- In Other News: Government Use of Spyware, New Industrial Security Tools, Japan Router Hack
- OpenAI Unveils Million-Dollar Cybersecurity Grant Program
- Galvanick Banks $10 Million for Industrial XDR Technology
- Information of 2.5M People Stolen in Ransomware Attack at Massachusetts Health Insurer
- US, South Korea Detail North Korea’s Social Engineering Techniques
- High-Severity Vulnerabilities Patched in Splunk Enterprise
- Idaho Hospitals Working to Resume Full Operations After Cyberattack
