Cash Converters Admits Data Breach After Website Hack

Second hand retail chain Cash Converters has admitted it suffered a data breach that may have resulted in personal information being obtained by hackers.

The company said its old website, which was decommissioned in September, was the subject of the attack and that user names, passwords and addresses could have been accessed.

The previous website was operated by a third party and Cash Converters was keen to stress that full credit details had not been stolen and that users of the new website and its in-store customers were not affected.

Cash Converters data breach

“We are taking this extremely seriously and have provided our customers of the old Webshop site with details to help protect them from being impacted by the security breach,” Cash Converters added.

“We are also actively implementing measures to ensure that this cannot happen again.”

Cash Converters is urging customers to monitor their credit file for unusual activity and to immediately notify their bank or card provider if they notice any financial details might have been compromised.

Does IoT security concern you?

  • Yes (89%)
  • No (11%)

Loading ...

The Information Commissioner’s Office (ICO) has been notified and the incident serves as a warning to all businesses ahead of the introduction of the EU’s General Data Protection Regulation (GDPR) next May.

Data breaches will be subject to much stricter financial penalties while consumers will have more control over what type of data organisations can store about them.

Quiz: What do you know about cybersecurity in 2017?

Steve McCaskill

Steve McCaskill is editor of TechWeekEurope and ChannelBiz. He joined as a reporter in 2011 and covers all areas of IT, with a particular interest in telecommunications, mobile and networking, along with sports technology.

Recent Posts

Apple, Google Mobile Ecosystems Should Be Investigated, CMA Told

CMA receives 'provisional recommendation' from independent inquiry that Apple,Google mobile ecosystem needs investigation

2 days ago

Australia Rejects Elon Musk Claim About Social Media Ban For Under-16s

Government minister flatly rejects Elon Musk's “unsurprising” allegation that Australian government seeks control of Internet…

2 days ago

Northvolt Files For Bankruptcy Protection In US

Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder…

2 days ago

UK’s CMA Readies Cloud Sector “Behavioural” Remedies – Report

Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector

3 days ago

Former Policy Boss At X, Nick Pickles, Joins Sam Altman Venture

Move to Elon Musk rival. Former senior executive at X joins Sam Altman's venture formerly…

3 days ago

Bitcoin Rises Above $96,000 Amid Trump Optimism

Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald…

3 days ago