Precedent Communications was operating at a substantial loss in the years leading up to the website developer being blamed for the biggest data breach in Australian history.
The company fell into liquidation in December last year, 13 months after it was revealed that the personal records of 550,000 donors to the Red Cross Blood Service were exposed online. Precedent had been engaged to redesign and maintain the Red Cross’ core website in 2015.
The breach exposed names, gender, physical and email addresses, phone numbers, dates of birth, and countries of birth when an anonymous individual came across a 1.74GB file containing 1.28 million records while scanning IP address ranges for publicly exposed web server…
Read the full article at: https://www.crn.com.au/news/how-precedent-communications-the-company-behind-the-red-cross-data-breach-went-bust-485689