What exactly is a data breach?
Let’s start with an example. In 2013 Target announced that nearly 70 million customers’ names, credit card numbers, expiration dates, card verification codes, mailing addresses, and email addresses had been hacked from their credit and debit card devices used during the holiday shopping period.
The 2013 Target incident is the best explanation of exactly what a data breach is — someone hacking into a secure system to steal all of your account information.
It’s considered to be a modern-day robbery of your cash and savings accounts.