No Social Security Numbers or Financial Info Accessed

  • Rite Aid experienced a cybersecurity breach on June 6
  • Data associated with specific retail product purchases were accessed between June 6, 2017 and July 30, 2018
  • No social security numbers or financial information was compromised
  • Rite Aid is implementing additional security measures to prevent future attacks

Rite Aid announced that it suffered a cybersecurity breach on June 6, where an unknown third-party impersonated a company employee. The drugstore operator detected the incident within 12 hours and reported it to law enforcement. The accessed data included purchaser name, address, date of birth, and driver’s license number or other government-issued ID presented at purchase between June 6, 2017, and July 30, 2018. Rite Aid assured that no social security numbers or financial information was compromised. The company is mailing letters to potentially affected customers and implementing additional security measures to prevent future attacks.

Factuality Level: 8
Factuality Justification: The article provides accurate information about a cybersecurity breach that occurred at Rite Aid and the type of data accessed by the unauthorized party. It also mentions the actions taken by the company to address the issue and prevent future incidents.
Noise Level: 4
Noise Justification: The article provides relevant information about a cybersecurity breach at Rite Aid and the data accessed by an unknown third-party. However, it lacks in-depth analysis or actionable insights, and does not explore long-term trends or consequences of such incidents. It also doesn’t offer new knowledge beyond reporting the event itself.
Public Companies: Rite Aid (RADCQ)
Key People: Denny Jacob (Writer)

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Financial Relevance: Yes
Financial Markets Impacted: Rite Aid
Financial Rating Justification: This article discusses a cybersecurity breach that impacted Rite Aid, a drugstore operator, which could potentially affect the company’s reputation and financial performance. This may lead to changes in investor sentiment and stock prices.
Presence Of Extreme Event: Yes
Nature Of Extreme Event: Technological Disruption
Impact Rating Of The Extreme Event: Moderate
Extreme Rating Justification: There was a cybersecurity breach in which an unknown third-party impersonated a company employee and accessed customer data, including personal information such as name, address, date of birth, and driver’s license number. Although no financial information or patient information was accessed, it still had an impact on the affected customers and the company is taking additional security measures to prevent future attacks.

Reported publicly: www.wsj.com