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Amazon.com, Inc. (AMZN) Denies Claims That It Was Hacked

Amazon.com Inc (AMZN)

E-commerce giant Amazon.com, Inc.  has denied reports that its servers were recently hacked. The suspected hacker leaked the records of 80,000 Amazon customers. The data is believed to have been taken from an Amazon Kindle server.

The company said that the data didn’t come from their servers, & no “hack” was staged. They said “We have confirmed that this information did not come from Amazon’s servers, and that the accounts in question are not legitimate Amazon customer accounts.”

Amazon.com, Inc (AMZN)

Amazon.com, Inc. (AMZN) Hack Reported a Few Days Ago

The Daily Dot reported that a potential hack on Amazon.com, Inc.  may have occurred in an article published on the 08/07/2016. The article read “A hacker claiming to have breached an Amazon server has released more than 80,000 usernames and passwords belonging to users after the online retail giant failed to heed his warnings about vulnerabilities in its servers. The hacker, who goes by 0x2Taylor on Twitter, told the Daily Dot he had attempted to contact the firm three days ago to bring to the company’s attention a significant security risk that he spotted in ones of its servers.”

The article also stated that the hacker had claimed to test a few username & password combinations, & confirmed that they were valid & working.

Uncertainty Remains Over Server Hack

It is unclear if the attack did actually occur, & if the account details were stolen. The details could have potentially been taken from another server that is not run by the firm. Regardless of where the details were stolen from, customers will be unsettled by the prospect of their sensitive information being compromised & publicly leaked.

As the markets closed on the 11/07/2016, Amazon.com, Inc.’s  share price was up by 1.07%, trading at $753.78 per share. The company’s market capitalization currently stands at $360.12 billion.

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