Goodwill breach article - PowerPoint PPT Presentation

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Goodwill breach article

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Federal agencies and a fraud investigative unit (payment card industry) recently contacted Goodwill about a possible credit card fraud. – PowerPoint PPT presentation

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Title: Goodwill breach article


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Goodwill breach article
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  • If you love online bargain shopping, then this
    latest news may come as a shock to you. Federal
    agencies and a fraud investigative unit (payment
    card industry) recently contacted Goodwill about
    a possible credit card fraud.

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  • In fact, in one of the statements published by
    Goodwill organization in its website states that
    Goodwills across the country take the data of
    consumers seriously and their community
    well-being is our number one concern.

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  • According to Goodwills Director of Public
    Relations, Lauren Lawson, the authorities are
    currently investigating this incident and as of
    now theres no new information that could be
    shared.

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  • He further added that Goodwill Industries
    International has around 2,900 stores with 165
    regional headquarters throughout US Canada. In
    other words, Goodwill does not have any
    centralized point of sale system.

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  • It seems that Goodwill will join the growing list
    of other major retailers like Sally Beauty,
    Target, Michaels, Neiman Marcus, P.F. Changs
    that have recently experienced similar breaches.

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  • When it comes to charitable organizations,
    Goodwill is the leading brand. It collects and
    sells donated household goods clothes, and the
    proceeds from it are used for charitable
    purposes. In fact, according to Goodwill, this
    year it has helped over 145,000 individuals get
    back to work.

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  • Last year, Goodwill earned around 3.9 billion
    through retail sales, 647 million from
    industrial service contract work, and had
    accumulated 618 million in form of gifts,
    government support and grants. As a charitable
    organization, Goodwill spends around 83 of its
    revenue on training programs employment.

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  • Since, Goodwill is a charitable organization
    its more distressing to see them becoming the
    target of a breach. However, this must not come
    as a surprise, as most of the cybercriminals are
    now targeting smaller organizations, including
    charitable organizations too.

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  • They very well know that such organizations do
    have sufficient budgets to implement a robust
    online security program.

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  • There is little being disclosed about how the
    breach was perpetrated and about the specifics of
    Goodwills security systems, however, one thing
    that is certain is that todays businesses are
    facing a mounting threat from hackers and
    cybercriminals.

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  • To know more information, visit us

http//fraud.net
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