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.

By Eduard Kovacs on Tue, 01 Nov 2022 12:10:08 +0000
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