Photo gallery: Australia’s biggest online retailers have been forced to shut their doors after a major cyber breach.
The giant online video retailer B&H Photo Photo and Video will close after a cyber attack that was “grossly negligent and unacceptable”.
The online video store will no longer sell images for $35 a pop and the site will no be sold in Australia, said the company in a statement posted on the B&P website on Wednesday.
“We are profoundly sorry for the breach, and sincerely regret any disruption to the lives of our customers,” B&Q said.
B&H was one of Australia’s top video sellers, with more than 10 million users.
But the site was hacked and customers lost access to all of its data including their personal details.
It was not clear what caused the hack, and B&F said that it was still investigating the incident.
The B&A group, which also owns the online book store The Paper, has also said it was shut down for “gross negligence and unacceptable” breaches.
The store had more than 25 million visitors in the week after the breach.
B &H Photo Video had also been the largest online video seller, with 5 million users, but that number fell to 1.5 million users on Tuesday.
Buckaroo Trading, another online video company, said on Tuesday that it had shut down its business, as well as its customer support services.
“Due to this severe breach, we have had to take a number of steps, including ceasing all of our customer support, our customer care and customer support systems, as we work to restore normal service,” the company said in a blogpost.
“Buckaro Trading has suspended all of the functions it provides to customers, including email and instant messaging, and has temporarily suspended the use of the Buckaroo Trading platform.
We have also temporarily shut down our online sales platform.”
Buckroo Trading has also reported $100 million in losses.
Berkley Group, which runs The Paper online bookstore, said it had suspended its business and that it would take “some time to restore operations”.
The news came after the cyber security firm ThreatConnect revealed on Tuesday a large number of Australian retailers were vulnerable to cyber attacks, including a number in the video and book business.
“These are very serious breaches and they should not be ignored,” ThreatConnect founder and CEO Adam Kocher told Fairfax Media.
“The more retailers that are vulnerable the worse things can get.”