Summary: National Amusements, the parent company of Paramount Global and CBS, has revealed that a data breach in December 2022 compromised the personal information of over 82,000 individuals. Although the specific details of the stolen information were not disclosed, it is known that financial information, including banking and credit card details, were among the compromised data. National Amusements has stated that there is no evidence of identity theft or fraud resulting from the incident, but as a precautionary measure, the affected individuals have been notified to take preventive measures. This breach follows a separate security incident reported by Paramount Global in August, where customer information was also compromised. Speculation about the future of Paramount Global as a stand-alone company has been circulating amid reports that the controlling shareholder, Shari Redstone, is considering selling a controlling stake in the company.
National Amusements, the corporate parent of Paramount Global and CBS, recently confirmed a data breach that occurred in December 2022, impacting more than 82,000 individuals. The breach, discovered eight months later in August, exposed personal and financial information. While the exact nature of the stolen information was not disclosed, it was revealed that hackers gained access to banking and credit card details, accompanied by security codes and passwords.
In response to the incident, National Amusements engaged a leading cybersecurity firm to investigate and mitigate the breach. Although no instances of identity theft or fraud have been linked to the breach, the company took a proactive approach by promptly notifying the potentially affected individuals and advising them to take precautionary measures.
This breach follows another security incident reported by Paramount Global earlier this year, further adding to concerns about the company’s security protocols. Paramount Global has been facing ongoing challenges, prompting speculation regarding its viability as a stand-alone entity. Recent reports suggesting that Shari Redstone, the controlling shareholder, is contemplating the sale of a majority stake in the company have fueled the speculation.
National Amusements continues to prioritize information security and has committed to enhancing its processes and procedures to prevent future breaches. The full impact of the data breach remains to be seen, but the incident serves as a reminder of the ongoing threats faced by organizations and the importance of robust cybersecurity measures in today’s digital landscape.