Hackathon continues at Kiplinger

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The year 2011 would probably remembered by all the news from world of technology. Which varies from the high IPOs, the internet alliances and well the biggest landmark of them all, cyber hacking.

After a string of high profile hackathon which included Sony Corporation and the U.S. Senate comes the hacking of Kiplinger Publications.

Kiplinger is a Washington, D.C.-based publisher of business forecasts and personal finance advice, available in print, online, audio, video and software products (Kiplinger.com).

Its best-known publications are The Kiplinger Letter, a weekly business and economic forecasting periodical for people in management, and the monthly Kiplinger’s Personal Finance magazine. The total paid circulation of its periodicals exceeds 850,000, and its Web site, Kiplinger.com receives nearly 1.2 million unique visits per month (spring 2010).

Episode

The hack was discovered on June 25. The hackers had broken into the companys database and accessed information about 142,000 customers, including possibly encrypted credit card numbers. “This included email addresses, passwords, 43,000 encrypted credit cards,” says Doug Harbrecht, new media director for the magazine.

However, Harbrecht says hackers did not get security codes. Kiplinger’s says it first spotted suspicious activity within its systems two weeks ago.

“It looks like the hackers first tried in May, and then came back on June 25th,” Harbrecht says. “That’s when we spotted them, and shut them down.”

Response

Customers, though, we not notified until Friday.

Harbrecht says their first priority was to stop the attack and find out what information was compromised before informing customers of the situation. On its website, Kiplinger’s has posted detailed information about the breach in their FAQ section. “There is no threat of identity theft for any customers,” Harbrecht says.

Well it does seem that the Hackathon is number one 2011 episode.

Source: Bloomberg, San Francisco Chronicle, Wikipedia

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