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Citigroup hackers stole $2.7 million in recent breach

Updated Dec 19th, 2018 7:19PM EST
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A recent online security breach involving the left of 360,000 credit card numbers will cost Citigroup $2.7 million, the company confirmed to U.S. government officials on Monday. Hackers infiltrated Citigroup servers last month and stole account numbers and personal information associated with over 360,000 Citi-branded credit cards. According to Citigroup, personal information and card numbers from approximately 3,400 cardholders was subsequently used to make about $2.7 million in unauthorized purchases. Citigroup stated that affected customers would be reimbursed for the fraudulent charges. No arrests have been made in association with the breach.

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Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.