This market forecasts whether a Fortune 500 company will publicly disclose a data breach impacting over 5 million records before July 1, 2025. Resolution will be based on official company statements and reports from credible news outlets such as Reuters and Bloomberg.

Resolution criteria

This market will resolve to "Yes" if, before July 1, 2025, a Fortune 500 company publicly discloses a data breach that has impacted over 5 million records. Verification will be based on official company statements and reports from credible news outlets such as Reuters and Bloomberg. If no such disclosure occurs by the specified date, the market will resolve to "No".

Background

Data breaches involving large corporations have been increasingly common in recent years. For instance, in May 2024, Ticketmaster experienced a significant data breach affecting approximately 560 million customers, exposing personal information such as names, addresses, and partial payment data. (time.com) Similarly, in July 2024, AT&T disclosed a breach where hackers accessed call and text details of about 110 million customers over a six-month period in 2022. (ft.com) These incidents underscore the ongoing challenges Fortune 500 companies face in safeguarding sensitive data.

Considerations

Traders should be aware that while data breaches are prevalent, the specific criterion for this market is a public disclosure by a Fortune 500 company of a breach affecting over 5 million records before July 1, 2025. Not all breaches are publicly disclosed, and some may not meet the specified threshold. Additionally, the timing of disclosures can vary, potentially affecting the resolution of this market.