Stratfor Loses $1.75 Million Due to Hacking

Global security analysis company Stratfor lost $1.75 million after the recent Anonymous-affiliated data breach, according to a court settlement. The firm has to give free subscriptions, a digital book, and credit-monitoring services to affected users.

Judges also ordered Stratfor to pay attorney fees for the client who sued after losing personal information in the attack, according to Reuters.

The court documents show the company admits no “wrongdoing, fault, violation of law, or liability of any kind.” At the time, hackers stated Stratfor was “clueless”¦ when it comes to database security.”

Stratfor was breached in December last year, when hackers under the name AntiSec stole and released email addresses and credit card numbers of clients including people in the Air Force, U.S. Army, Police, and famous government officials such as former American Secretary of State Henry Kissinger.

Feds recently charged one person in the U.S. and four Irish and British men with the cyber-attack. The court set a final approval hearing for the end of September.

In the meantime, Anonymous hackers continue to attack the Japanese government, while authorities investigate small online breaches. The group condemns a revised copyright law that passed last week and could make downloading without permission a criminal offense punishable by up to two years in jail, or a $25,000 fine.