Apple, Amazon Making Big Policy Changes

Loading...
Loading...
Apple
AAPL
and Amazon
AMZN
are in the process of making significant changes to security policies this week in an effort to prevent another hacker attack.
On Friday, Wired reporter Mat Honan
told the full story about his "epic hacking"
that involved his Amazon and AppleID accounts. In short, the clever hackers were able to gain control of Honan's AppleID and erase all of his data by first breaking into his Amazon account. The hackers pulled this off even though the two accounts do not share the same password. This was accomplished when the hackers called Amazon to pretend that they were Honan and added a fake credit card. Afterwards, they called Amazon again and claimed that they lost the account password. To reset it, Amazon wanted the last four digits of one of the credit cards on the account. The hackers then gave them the last four digits of the fake credit card. This enabled them to retrieve the last four digits of Honan's
real
credit card, which they then used (in conjunction with Honan's birth date, which they found after performing a Google
GOOG
search) to get a temporary password to Honan's AppleID account. As a result of the attack, Amazon no longer allows users to change
any
account settings over the phone,
CNET
reports. Apple, meanwhile, has frozen all AppleID password requests made over the phone. It is not yet known how many additional changes may be made to ensure that another hacking does not occur. Part of the problem surrounds the data-wiping feature that accompanies every AppleID account. Apple created the feature to allow users to remotely wipe their iPhones, iPads and MacBooks in the event that the device is lost or stolen. Unfortunately, hackers who successfully breach a user's account are able to use the feature as well, creating a world of problems for users who solely rely on Apple to protect their data. This is not the first major hacking to influence the tech industry, but is the most prominent hacking that impacted the life of only one man. Last year, Sony's
SNE
online gaming service, PlayStation Network, went down for roughly four weeks after hackers successfully attacked the service and gained access to personally identifiable information (including credit card numbers) from
more than 70 million users
. In July, Yahoo!
Loading...
Loading...
YHOO
announced that more than 450,000 e-mail passwords had
fallen into the wrong hands
after hackers successfully attacked the Yahoo! Voices network. This week Reuters announced that one of its Twitter pages had been
taken over by hackers
. While most
reported hackings
involve a breach of data (in which the hackers are looking to retrieve something specific, such as a credit card number) or account turmoil (ex: hackers often take over users' Twitter pages to publish spam), Honan's attack involved the
destruction
of data. Earlier this week, Apple co-founder Steve Wozniak
shared his thoughts
on the cloud in a story that, perhaps surprisingly, had nothing to do with the hacking of Honan's AppleID account. "I really worry about everything going to the cloud," said Wozniak. "I think it's going to be horrendous. I think there are going to be a lot of horrible problems in the next five years." It seems those problems have already begun to materialize.
Follow me @LouisBedigianBZ
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsTechAmazonAppleCNETMat HonanSteve Wozniakwired
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...