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Xero suffers security breach

Discussion in 'CSO' started by RSS, Oct 27, 2015.

  1. RSS

    RSS New Member Member

    Customers of Cloud-based accounting company, Xero, have been told to reset their passwords after a ‘small number’ of customers had their details compromised.

    The New Zealand-based company sent out a warning to customers via email advising them to reset their passwords following the breach.

    The email claimed that Xero had seen an increase in phishing attacks exploiting its brand, and that a "small number of customers have had their Xero accounts compromised."

    Xero said that its security team had been tracking “a small number of incidents”, resulting from phishing attacks.

    MORE ON CSO:Millions of records compromised in these data breaches

    Due to the nature of its business, Xero holds a great deal of information relating to customer finances, clients and suppliers inside accounts, a concern for users as this data relates to almost every aspect of their business.

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