VTech Holdings is partnering with regulators after the events that took place last week. VTech’s database got hacked on Friday, November 28th, leaving a great number of parents and their children’s information exposed to an unknown hacker. The numbers were quite astonishing, with 4.8 million parents and some 200,000 children’s accounts, and some have categorized it as the fourth greatest hack that ever took place.
The good news is that absolutely no money was lost, nor has any bank information been leaked,, but a lot of parents were left with sleepless nights since names, passwords, addresses, chats and even pictures are now available to someone out there. That someone is unknown and has also given some information that suggests he is up to no good, yet that is totally interpretable.
The hacker contacted Motherboard after the deed was done and he also linked some information that he had stolen to prove their point. When the people from Motherboard asked him what the purpose of the hack was, he said “nothing”. And this is where he starts playing with everyone’s minds. Did he really hack VTech for nothing? Is he intending to do nothing with the acquired info? Was it some sort of test? Or was it done in order to get to somebody? Authorities do not yet have the answers.
In the meantime, VTech’s legal department has to face an uproar of enquiries regarding all fields related to security and whether these fields are maintained accordingly. Corinna Chan, a VTech spokeswoman, declared that it is still too early to speak of how these investigations will end. Still, VTech is reassuring its customers that all appropriate measures are taken so that nothing bad is going to happen and future situations like this one will be avoided.
As to what the hacker could have done or could still do with the information, there are a few alternatives: he can either use the information to gain access to anything related to social media, or he could be selling all the info to another company that is trading in the same field. This is extremely difficult to track, but the company would know exactly who their target audience would be. Nothing like good toys plus extra security on top of that.
Even if VTech Holdings is partnering with regulators, it has a very big stain that it needs to take care of. Perhaps too big to ever be erased.
Photo Credits flickr.com