Biggest Hacks: Adobe (ADBE)
In October, Adobe (ADBE) reported that information for nearly 3 million customers had been compromised as a result of hacks.
As it turned out, things were much worse than that. After further investigation, Adobe announced that 38 million people were actually affected by the hacks. This wasn’t just names and passwords, either — hackers gained access to the credit card information associated with user accounts.
According to The Buzz blog on CNNMoney, Adobe still might be underreporting the damage — which could be in the hundreds of millions of users.
Not that it had any effect on the stock. ADBE is up 46% in 2013.