In late 2015, music distributor TuneCore announced it was the target of a security breach that ultimately compromised some of its customers’ personal information. Fortunately, no music files were compromised. But TuneCore admitted names, email addresses, passwords, and mailing addresses were exposed.
You may think that would never happen to your music business, and breathe a sigh of relief that your own system doesn’t store customers’ financial info. But TuneCore customers had their mailing address, bank addresses and last four digits of their credit cards on file. It’s really not that difficult to take the leap and connect that information in order to make fraudulent purchases and steal someone’s financial identity.