Marriott Shares Slump After Massive Starwood Hack

The transcript discusses the acquisition of Starwood Hotels by Marriott and the subsequent data breach affecting millions of guests. It highlights the significance of the breach, the potential risks involved, and Marriott's responsibility in failing to detect the breach sooner. The discussion also covers the implications for privacy and security, especially for high-profile guests, and Marriott's response to the situation.

Which company did Marriott acquire in 2016 that is related to the data breach?

• Hilton Hotels

• Starwood Hotels

• Hyatt Hotels

• InterContinental Hotels

What type of sensitive information was compromised in the Marriott data breach?

• Bank account numbers

• Driver's license numbers

• Social Security numbers

• Passport numbers and loyalty accounts

Why is the Marriott data breach considered significant?

• It was the first data breach in the hotel industry.

• It involved a large number of hotel brands.

• It included credit card information.

• It potentially exposed travel records of high-profile individuals.

When did the initial breach occur, according to Marriott?

• 2012

• 2014

• 2018

• 2016

What was Marriott's response to the data breach?

• They denied any responsibility.

• They offered compensation to all affected guests.

• They blamed Starwood entirely.

• They apologized and accepted responsibility for the delayed detection.