Washington, Jan 12 (ANI): US-based security firm Stratfor has relaunched its website after hackers brought down its servers and stole thousands of credit card numbers and other personal information belonging to its customers last month.
The company's Chief Executive George Friedman acknowledged for the first time that the company had not encrypted customer information and said this decision had embarrassed the company.
"It was a truly unforgivable failure and I feel awful about it. Sometimes in rapid growth, you make a mistake. That's not an excuse, that's not a justification. It's an explanation," The BBC quoted Friedman, as saying.
Notorious Internet hacking group Anonymous that claimed responsibility of the attack said that they were able to obtain the information because Stratfor did not encrypt it.
Stratfor had previously declined to say if the information was left unencrypted.
The company said on Wednesday that it was moving its entire e-commerce process to a third-party system, which will eliminate the need to store credit information.
It said it has contracted with CSID, a top-ranked provider of identity protection, to provide its services to all customers at Stratfor's expense, and that it has hired internet security firm Sec Theory to rebuild its website, email system and internal infrastructure. (ANI)
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