9 The State of American Finances

Recent data breaches in some large corporations have Americans wondering how safe it is to shop with credit or debit cards and how secure their personal information is in the hands of any outside entities. 2014 and the first half of 2015 saw some major data breaches. Below is a snapshot of some of the largest data breaches from September 2014-February 2015.

Between September 2014 and February 2015, 273,210,000 consumers were the victims of some of the largest data breaches in the United States.

In February 2015, almost 80 million consumer records were stolen containing Social Security numbers, birth dates, email addresses, mailing addresses, and other personal information.
IRS Tax Scams
As American citizens began filing their 2014 tax returns in early 2015, it was discovered that thousands of false tax returns had been filed. In addition, hackers conned more than 3,000 people into giving up a total of $15.5 million in a telephone scam.
A credit card breach in December 2014 resulted in the theft of credit and debit card information from more than 1.16 million consumers.
In November 2014, Sony’s data was compromised. Hackers leaked five unreleased movies, and exposed more than 47,000 social security numbers of current or former employees.
JP Morgan Chase
A data breach in October 2014 compromised the names, addresses, phone numbers, and email addresses of 76 million households and 7 million small businesses.
Home Depot
In September 2014, a data breach compromised the credit and debit card information of 56 million customers. In November, the company revealed that in addition to the stolen card data, 53 million email addresses were also stolen.

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