Credit card hack cost Web.com millions

by Kevin Murphy
Web.com is taking a $1 million per-quarter hit to its revenue as a result of August’s hacking attack. It also incurred $400,000 in consulting, legal and credit monitoring fees in the third quarter as a result of the breach, CEO David Brown told analysts last night. Some 93,000 credit card numbers were stolen during the attack, a small portion of its 3.3 million customers.Read the full article