Bed Bath and Beyond Suffers Data Breach After Employee Mistakenly Falls for Phishing Attack

  • By Steven
  • Nov 02, 2022

Bed Bath and Beyond Data Breach

Bed Bath and Beyond operates in Puerto Rico, Mexico, Canada, and the US. It may be known for its assortment of perfumes and bath bombs, but the company sells everything from coffee makers to faux rabbit fur bedspreads. This isn’t the first time Bed Bath and Beyond was a victim of a data breach; in 2019, the company was the victim of a credential stuffing attack. These attacks occur when a hacker accesses one company and uses the information to access others with the same credential. Attacks like these rely on password recycling, which is why most companies will tell you to create a unique password when you make an account.

How Did the Attack Occur?

The attack occurred through the most common technique: phishing. For those new to cybersecurity, a phishing attack is when a malicious actor claims to have something for the victim. This can mean the hacker is claiming to represent a reputable business or company. It can mean that they tell you you’ve won something, or it can be phrased as an emergency. Most of us are familiar with these and have dealt with phishing callers. A Bed Bath and Beyond employee fell victim to the attack, resulting in an unknown number of victims.

What Information Was Viewed or Stolen?

The hacker gained access to a hard drive that housed certain company information. Bed Bath and Beyond has not disclosed what information the hard drive contained and stated that at this point in the investigation, there does not appear to be any employee or customer information involved in the data breach.

How Did Bed Bath and Beyond Admit to the Breach?

Bed Bath and Beyond admitted to the breach with an 8-K filing with the United States Security Exchange Commission that stated it wanted to sell off 150 million dollars worth of its stocks. The filing explained that Bed Bath and Beyond was investigating a breach. 

What Will Become of the Stolen Information?

The breach results entirely depend on what information was on the hard drive. The results could be terrible if it were customer phone numbers, emails, usernames, and login credentials, and if it contained financial information, it could be far worse. It might have even included source code, which we’ve seen as dangerous due to 2020’s Orion breach and 2022’s Toyota hack.

What Should Affected Parties Do in the Aftermath of the Breach?

There are many possibilities for the hack; it could be massive or tiny. It is only possible to know the full extent of the breach once the investigation has concluded. For now, the best thing to do is to stay on your guard. Monitor your credit cards and change your passwords. When you do something as small as this, it will help to give you peace of mind. Make sure you don’t fall for a phishing attack, too!

About the Author
IDStrong Logo

Related Articles

Instagram Vulnerability Allowed Hackers Access to Control Your Phone

Security experts Check Point Research discovered a critical vulnerability while examining Instagra ... Read More

Alien Malware Infects More than 226 Mobile Apps and Steals Bank Data

As reported on September 24, 2020, by ZDNet and ThreatPost, a new strain of malware named “A ... Read More

Universal Health Systems Hit by Ransomware Attack

Universal Health Systems (UHS), a Fortune 500 company owning more than 400 hospitals across the co ... Read More

Exchange Server Bug Exposes a Big Risk to Hackers

Months after Microsoft released a patch to fix a serious flaw in MS Exchange Server, more than 61% ... Read More

Clients’ Bank Data Exposed in Blackbaud Ransomware Attack

Blackbaud software was victim to a ransomware attack last May, and new information suggests that c ... Read More

Latest Articles

Data Breach of Healthcare Management Solutions, LLC Affects Half-a-Million People

Data Breach of Healthcare Management Solutions, LLC Affects Half-a-Million People

Healthcare Management Solutions, known as a healthcare-related consulting company from West Virgini, has over 100 employees and brings in nearly $20M annually.

How to Remove Hard Inquiries from a Credit Report

How to Remove Hard Inquiries from a Credit Report

A credit score is an invisible number, yet it often feels like it controls our lives. It determines what we can buy and how much we'll have to pay.

What is Endpoint Security, and Why is it Important?

What is Endpoint Security, and Why is it Important?

Businesses can make every effort to beef up corporate network security, but those improvements mean very little if criminals choose to break into an already connected device.

Featured Articles

How to Buy a House with Bad Credit

How to Buy a House with Bad Credit

Buying your own home is the American Dream, but it might seem out of reach to those with bad credit. However, the good news is, if your credit is less than perfect, you do still have options and in most cases, can still buy a home.

How Secure Is Your Password? Tips to Improve Your Password Security

How Secure Is Your Password? Tips to Improve Your Password Security

Any good IT article on computers and network security will address the importance of strong, secure passwords. However, the challenge of good passwords is that most people have a hard time remembering them, so they use simple or obvious ones that pose a security risk.

Top 10 Senior Scams and How to Prevent Them

Top 10 Senior Scams and How to Prevent Them

Senior scams are becoming a major epidemic for two reasons. First, seniors often have a lot of money in the bank from a life of working hard and saving.

Free Identity Threat Scan
Instantly Check if Your Personal Information is Exposed
All fields below are required
Please enter first name
Please enter last name
Please enter a city
Please select a state
Please enter an email address
Close