marriott starwood cyber risk News

Marriott Says Fewer Records Stolen in Starwood Hack Than First Thought

Marriott International Inc. said on Friday that fewer than 383 million customer records were stolen in a massive cyber attack disclosed last month, down from its initial estimate that up to 500 million guests were affected. The hotel operator also …

AIR Estimates Marriott Cyber Breach Direct Losses Could Reach $600 Million

Marriott International Inc. will be dealing with direct cyber incident losses from its massive data breach of between $200 million and $600 million, according to an AIR Worldwide estimate. Marriott disclosed on Dec.1 that it had uncovered a massive data …

Doubts About Hotel Industry Cyber Security Pre-Date Marriott Hacking

Long before Marriott International Inc. disclosed a massive security breach, the hotel industry had earned the dubious reputation as a hospitable place for hackers. Thieves have skimmed credit cards, looted loyalty accounts, and mounted complex schemes to trick clerks into …

Marriott CFO Says Too Early to Estimate Cyber Breach Costs

It’s too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed last week, and other companies that have suffered big attacks are imperfect proxies, said Chief Financial Officer Leeny Oberg at …

Marriott Starwood Data Breach Highlights Silent Cyber Risk in Acquisitions

Marriott International’s $13.6 billion purchase of Starwood Hotel & Resorts was a bet that its popular loyalty program would bring more travelers to its Courtyards and Residence Inns. It turns out Marriott was also buying a massive security risk. A …