Starbucks App and Cards Hacked
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@IRJ said:
@handsofqwerty said:
Starbucks Hacked - Maybe Not Such a Great Economic Indicator?
http://blogs.wsj.com/economics/2010/06/30/using-starbucks-dunkin-donuts-to-track-economy/That article is from 2010 and it's not uncommon for businesses to follow the economy by either going up or down.
The point was that Starbucks/DD are part of discretionary spending, not out of necessity. So when they are doing better, it means people are spending more freely on non-essential items. It's an older article (I was just finishing high school when I first saw it) but the principle is just as applicable...
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@handsofqwerty said:
@IRJ said:
@handsofqwerty said:
Starbucks Hacked - Maybe Not Such a Great Economic Indicator?
http://blogs.wsj.com/economics/2010/06/30/using-starbucks-dunkin-donuts-to-track-economy/That article is from 2010 and it's not uncommon for businesses to follow the economy by either going up or down.
The point was that Starbucks/DD are part of discretionary spending, not out of necessity. So when they are doing better, it means people are spending more freely on non-essential items. It's an older article (I was just finishing high school when I first saw it) but the principle is just as applicable...
I would assume many restaurants follow a similar pattern.
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@handsofqwerty said:
Starbucks Hacked - Maybe Not Such a Great Economic Indicator?
http://blogs.wsj.com/economics/2010/06/30/using-starbucks-dunkin-donuts-to-track-economy/Actually I might say the exact opposite. When businesses that rely on discretionary funds are doing will, that probably means the economy is doing well too because people have extra discretionary funds to spend.
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@IRJ said:
@Dashrender said:
If you have a regular 5 coffee a week habit, that can be a pretty big savings over a year of free drinks.
If you are going to Starbucks 5 days a week, I don't think you can use the word savings in the same sentence. That is an expensive addiction. I drink coffee daily ,too but from a coffee maker.
I go to much higher end places than SB. Going to one right now, actually, but the cost of coffee at the really good places around here is still only about $1.50. So not cheap, but not crazy.
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@scottalanmiller said:
@IRJ said:
@Dashrender said:
If you have a regular 5 coffee a week habit, that can be a pretty big savings over a year of free drinks.
If you are going to Starbucks 5 days a week, I don't think you can use the word savings in the same sentence. That is an expensive addiction. I drink coffee daily ,too but from a coffee maker.
I go to much higher end places than SB. Going to one right now, actually, but the cost of coffee at the really good places around here is still only about $1.50. So not cheap, but not crazy.
$1.50 is doable. The problem with Starbucks is their coffee. I like to drink coffee black and I find Starbucks to have some of the worst coffee. If you add all the creme and sugar it tastes good, but what coffee doesn't taste good when it's drenched in caramel, creamer, and sugar galore?
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@Dashrender said:
@handsofqwerty said:
Starbucks Hacked - Maybe Not Such a Great Economic Indicator?
http://blogs.wsj.com/economics/2010/06/30/using-starbucks-dunkin-donuts-to-track-economy/Actually I might say the exact opposite. When businesses that rely on discretionary funds are doing will, that probably means the economy is doing well too because people have extra discretionary funds to spend.
That's exactly what I said. The point was if they were hacked, the numbers are possibly skewed.
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@handsofqwerty said:
@Dashrender said:
@handsofqwerty said:
Starbucks Hacked - Maybe Not Such a Great Economic Indicator?
http://blogs.wsj.com/economics/2010/06/30/using-starbucks-dunkin-donuts-to-track-economy/Actually I might say the exact opposite. When businesses that rely on discretionary funds are doing will, that probably means the economy is doing well too because people have extra discretionary funds to spend.
That's exactly what I said. The point was if they were hacked, the numbers are possibly skewed.
Probably not enough to make a real difference in the overall picture though.
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@Dashrender said:
@handsofqwerty said:
@Dashrender said:
@handsofqwerty said:
Starbucks Hacked - Maybe Not Such a Great Economic Indicator?
http://blogs.wsj.com/economics/2010/06/30/using-starbucks-dunkin-donuts-to-track-economy/Actually I might say the exact opposite. When businesses that rely on discretionary funds are doing will, that probably means the economy is doing well too because people have extra discretionary funds to spend.
That's exactly what I said. The point was if they were hacked, the numbers are possibly skewed.
Probably not enough to make a real difference in the overall picture though.
That's a fair statement. Even if they stole millions, we're talking about billions of dollars for Starbucks, so you're probably right.
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@IRJ said:
@scottalanmiller said:
@IRJ said:
@Dashrender said:
If you have a regular 5 coffee a week habit, that can be a pretty big savings over a year of free drinks.
If you are going to Starbucks 5 days a week, I don't think you can use the word savings in the same sentence. That is an expensive addiction. I drink coffee daily ,too but from a coffee maker.
I go to much higher end places than SB. Going to one right now, actually, but the cost of coffee at the really good places around here is still only about $1.50. So not cheap, but not crazy.
$1.50 is doable. The problem with Starbucks is their coffee. I like to drink coffee black and I find Starbucks to have some of the worst coffee. If you add all the creme and sugar it tastes good, but what coffee doesn't taste good when it's drenched in caramel, creamer, and sugar galore?
I found that with effort I can normally find something okay there in their vein of brewed American coffees. But nothing really good, just passable. It's definitely the low end of coffee.
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@handsofqwerty said:
@Dashrender said:
@handsofqwerty said:
@Dashrender said:
@handsofqwerty said:
Starbucks Hacked - Maybe Not Such a Great Economic Indicator?
http://blogs.wsj.com/economics/2010/06/30/using-starbucks-dunkin-donuts-to-track-economy/Actually I might say the exact opposite. When businesses that rely on discretionary funds are doing will, that probably means the economy is doing well too because people have extra discretionary funds to spend.
That's exactly what I said. The point was if they were hacked, the numbers are possibly skewed.
Probably not enough to make a real difference in the overall picture though.
That's a fair statement. Even if they stole millions, we're talking about billions of dollars for Starbucks, so you're probably right.
I thought that they stole from customers, not Starbucks?
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@scottalanmiller said:
@handsofqwerty said:
@Dashrender said:
@handsofqwerty said:
@Dashrender said:
@handsofqwerty said:
Starbucks Hacked - Maybe Not Such a Great Economic Indicator?
http://blogs.wsj.com/economics/2010/06/30/using-starbucks-dunkin-donuts-to-track-economy/Actually I might say the exact opposite. When businesses that rely on discretionary funds are doing will, that probably means the economy is doing well too because people have extra discretionary funds to spend.
That's exactly what I said. The point was if they were hacked, the numbers are possibly skewed.
Probably not enough to make a real difference in the overall picture though.
That's a fair statement. Even if they stole millions, we're talking about billions of dollars for Starbucks, so you're probably right.
I thought that they stole from customers, not Starbucks?
No they did. But my point is that if they steal from customers, that's going to hurt Starbucks too, because people report the fraud, and then stop going there because they don't trust it, tell others the same, etc.
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Oh no! Whatever will I do!
Yeah never mind
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@MattSpeller said:
Oh no! Whatever will I do!
Yeah never mindYeah, that is my normal process too. But I do enjoy something different about once a week or so.
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Starbucks says they weren't actually hacked though. They are blaming it on people using weak email and starbucks passwords (or using the same one.) etc.
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@thecreativeone91 said:
Starbucks says they weren't actually hacked though. They are blaming it on people using weak email and starbucks passwords (or using the same one.) etc.
That's my understanding - it was users being hacked, not Starbucks themselves.
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@thecreativeone91 said:
Starbucks says they weren't actually hacked though. They are blaming it on people using weak email and starbucks passwords (or using the same one.) etc.
Exactly - there is no hack here, only stupid users...
The only thing that might lay any blame on Starbucks is that SB allowed the same account to have probably 10's if not 1000's of attempts upon a single account without locking it, or making it slow enough that it's not worth the effort, and not blocking IPs that had many bad attempts on them at least for a limited time like 15 mins.
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@Dashrender said:
Exactly - there is no hack here, only stupid users...
The only thing that might lay any blame on Starbucks is that SB allowed the same account to have probably 10's if not 1000's of attempts upon a single account without locking it, or making it slow enough that it's not worth the effort, and not blocking IPs that had many bad attempts on them at least for a limited time like 15 mins.
Most companies don't for some reason. Likely because they don't want all the end users complaining because they for some reason can't remember passwords and are too cheap to buy LastPass.
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@thecreativeone91 said:
@Dashrender said:
Exactly - there is no hack here, only stupid users...
The only thing that might lay any blame on Starbucks is that SB allowed the same account to have probably 10's if not 1000's of attempts upon a single account without locking it, or making it slow enough that it's not worth the effort, and not blocking IPs that had many bad attempts on them at least for a limited time like 15 mins.
Most companies don't for some reason. Likely because they don't want all the end users complaining because they for some reason can't remember passwords and are too cheap to buy LastPass.
There is no business incentive for SB or someone like that to have extra security measures because it is the customers, not SB, that are at risk here and it is the customers who complain from having extra security. So implementing security here is likely a lose / lose for SB.
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The bonus to this hack? I finally got my wife to create a random password for the account with LastPass. Now to convince her to do the same with our bank account........
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I love lastPass.. I pay for the premium version for both lastPass and xMarks totally worth it. @scottalanmiller we should get Amber from LastPass over here.
