verizon

(Reuters) – Verizon Communications Inc said an attacker had exploited a security vulnerability on its enterprise client portal to steal contact information of a number of customers. The company said the attacker however did not gain access to Customer Proprietary Network Information (CPNI) or other data. Krebs On Security, which first broke the news of the breach, said a member of a underground cybercrime forum had posted a new thread advertising the sale of a database containing the contact information on some 1.5 million customers of Verizon Enterprise.

Verizon Communications Inc's quarterly revenue rose 6.8 percent due to an increase in subscribers who pay for services after use, and a rise in average revenue per account as users added more devices to shared data plans. Shares in Verizon dipped slightly to $47.95 in premarket trading after closing at $48.25 on Wednesday. Excluding items, Verizon earned 71 cents per share, matching Wall street estimates, according to Thomson Reuters I/B/E/S. Revenue rose to $33.19 billion from $31.07 billion, slightly higher than analysts' expectations of $32.69 billion. Verizon's retail postpaid average revenue per account rose to $158.82 from $157.21, but was below $161.64 estimated by analysts polled by research firm StreetAccount.