Collaborate Disseminate
By Waqas
Reportedly, Experian was completely unaware of the vulnerability.
This is a post from HackRead.com Read the original post: Experian Vulnerability Exposed Credit Reports
Continue reading Experian Vulnerability Exposed Credit Reports
South Africa tech news site ITWeb reported that a group calling itself N4aughtysecTU is taking responsibility.
The post South Africa credit bureau breached, data reportedly held for $15 million ransom appeared first on CyberScoop.
Continue reading South Africa credit bureau breached, data reportedly held for $15 million ransom
It has become a staple for companies that are hit by big data breaches: extending free crediting monitoring and identity protection services to customers whose sensitive personal information is at risk. There’s nothing wrong with companies doing that, say consumer advocates — but those advocacy groups also say breached companies can do much, much better. The latest company to get hit by hackers and then offer credit monitoring or identity protection services, Geico, last week outlined a package that’s a little improved above the usual versions, one advocate said. These existing services seem to offer help, yet in some cases that benefit is limited and in others it’s difficult to measure their effectiveness. But overall, there’s little incentive for companies to offer improved redress, consumer advocacy groups contend. “Most breached entities go with credit monitoring because it’s a relatively inexpensive thing for someone to contract with to provide,” said Susan […]
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Continue reading Do credit monitoring and ID protection services do much for breach victims?
For fraudsters looking to swindle big corporations, sometimes it’s just a matter of asking. Earlier this week, the South African division of credit reporting giant Experian revealed that someone posing as a client had tricked the firm into coughing up personal information on an untold amount of South African consumers. The South African Banking Risk Information Centre (SABRIC), an association of banks focused on combating crime, put a number on the breach: up to 24 million people, and nearly 794,000 “business entities,” could be affected. Investigators have been working with banks to figure out which of their customers may have had their personal data exposed, according to SABRIC. It’s a reminder of the reams of personal data that credit monitoring firms like Experian and Equifax are sitting on, and the high stakes those firms face in protecting it. A social engineering trick, or an unpatched software flaw, can open the […]
The post No hacking needed: Someone duped Experian into handing over data in breach affecting 24 million South Africans appeared first on CyberScoop.
The US rail service hasn’t disclosed the number of passengers affected in a 16 April breach.
Continue reading Amtrak breached, some customers’ logins and PII potentially exposed
The indictment suggests the hack was part of a series of major data thefts organized by Chinese military and intelligence agencies. Continue reading US charges four Chinese military members with Equifax hack
Equifax is fined $675 million, while New York data breach notification law now covers biometrics, passwords, and more. Continue reading Post-Equifax settlement, NY updates data breach notification laws
Credit monitoring firm Equifax has agreed to pay up to $700 million to settle investigations from U.S. regulators and state attorneys stemming from the 2017 data breach that compromised personal information about 147 million people. The penalty includes payments of $425 million to affected customers, $100 million in payments to 48 states, the District of Columbia and Puerto Rico, and also pay $100 million to resolve a federal investigation from the U.S. Consumer Financial Protection Bureau, which examined the company in cooperation with the Federal Trade Commission, regulators said Monday. The deal is the largest settlement resulting from a data breach in U.S. history. It comes nearly two years after Equifax revealed hackers had accessed U.S. citizens’ Social Security numbers, credit data, addresses, birth dates and some driver’s license numbers because of flaws in the company’s technology. Attorneys are scheduled to propose the deal to a court in Atlanta on […]
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Continue reading Equifax expected to settle breach investigations for $700 million
The leak, carried out by a since-fired rogue employee, affected 2.7 million people and 173,000 businesses – about 41% of its clientele. Continue reading Desjardins’ employee from hell spills 2.9m records
It is now free in every U.S. state to freeze and unfreeze your credit file and that of your dependents, a process that blocks identity thieves and others from looking at private details in your consumer credit history. If you’ve been holding out because you’re not particularly worried about ID theft, here’s another reason to reconsider: The credit bureaus profit from selling copies of your file to others, so freezing your file also lets you deny these dinosaurs a valuable revenue stream. Continue reading Credit Freezes are Free: Let the Ice Age Begin