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Attacks/Breaches

4/30/2020
02:40 PM
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Ed-Tech Company Chegg Suffers Third Breach Since 2018

The latest incident compromised names, Social Security numbers, and other data belonging to 700 current and former Chegg employees.

Education technology company Chegg has been hit with its third breach since 2018. Its latest security incident compromised sensitive data belonging to employees, TechCrunch reports.

Chegg has confirmed that intruders took employee records of 700 current and former workers, whose names and Social Security numbers were compromised in the attack. More than 1,400 people worked for Chegg full time at the start of 2020, the report notes. The company has notified law enforcement and hired an external forensic firm as part of its investigation.

It has been a rocky few years for Chegg, which reset all users' passwords in 2018 after attackers breached a customer database. Soon after it paid $80 million for online learning platform Thinkful, Chegg confirmed another incident in which company credentials were compromised at the newly acquired website. Credentials were changed and steps were taken to improve cybersecurity following the attack.

Read more details here.

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homerepair,
User Rank: Apprentice
5/13/2020 | 5:02:40 AM
good
In October 2000, Iowa State University students Josh Carlson, Mike Seager and Mark Fiddleke launched Chegg's forerunner, Cheggpost, a Craigslist-style message board for Iowa State students.Chegg is a portmanteau of the words chicken and egg, and references the founders' catch-22 experience of being unable to obtain a job without experience, while being unable to acquire experience without a job.


Carlson then teamed with Iowa State MBA Osman Rashid, an avid user of the site who recognized its potential to disrupt the textbook market, which had "drastically outpaced the rate of inflation." The company was incorporated in 2005 by Carlson, Rashid, and Aayush Phumbhra.At that time, it offered scholarship searches, internship matching, and college application advice...

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RyanSepe
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RyanSepe,
User Rank: Ninja
4/30/2020 | 3:15:29 PM
Unfortunate
I've used chegg in the past as they really made books affordable for students. However they really need to make efforts to tighten their security protocols. No matter how cost effective something is, its still very possible to lose consumer trust which has a negative effect on direct revenue.
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