Translate

Search This Blog

Search Tool




Asian Markets at Close Report

European Markets at Close Report

Mar 29, 2018

CNBC | Under Armour admits data breach affected approximately 150 million accounts.on March 29, 2018.

cnbc.com

Under Armour admits data breach affected approximately 150 million accounts

Chloe Aiello

Kevin Plank, CEO, Under Armour Scott Mlyn | CNBC
Kevin Plank, CEO, Under Armour
Shares of Under Armour dropped 3.8 percent, before paring losses, after the active-wear company informed users of its online fitness and nutrition website of a data breach.
Under Armour announced on Thursday that an estimated 150 million users of its food and nutrition application MyFitnessPal may have their data compromised.
The investigation indicates that affected information may include usernames, email addresses, and hashed passwords.
The affected data includes neither payment information, which Under Armour collects and processes separately, nor government identifiers, like social security numbers and driver's license numbers, as the app does not collect that information.
Under Armour first became aware of a potential breach on March 25, when company discovered an unauthorized party had accessed MyFitnessPal user data in February. Under Armour took steps to notify affected users, and is now is working with data security firms and law enforcement to assist in its investigation.
This story is developing, please check back for more information.