Proposed law would jail execs who fail to report data breaches
The Senate’s looking at YOU, Uber! Continue reading Proposed law would jail execs who fail to report data breaches
Category Archives: Equifax
Cyber Security Roundup for November 2017
One of the most notable data breaches disclosed this month was by Uber, given the company attempted to cover up the breach by paying off hackers. Over a year ago the transport tech firm was said to have paid £75,000 to two hackers to delete 57 mil… Continue reading Cyber Security Roundup for November 2017
Please don’t buy this: identity theft protection services
Identity theft protection services promise to have your back against cybercriminals looking to steal your data. But they don’t actually stop them from taking your identity. Are they worth it, then? We say no.
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Cybercrime
Privacy
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How to Opt Out of Equifax Revealing Your Salary History
A KrebsOnSecurity series on how easy big-three credit bureau Equifax makes it to get detailed salary history data on tens of millions of Americans apparently inspired a deeper dive on the subject by Fast Company, which examined how this Equifax division has been one of the company’s best investments. In this post, I’ll show you how to opt out of yet another Equifax service that makes money at the expense of your privacy. Continue reading How to Opt Out of Equifax Revealing Your Salary History
Yahoo, Equifax still don’t know who was behind their massive hacks
Two of the most impactful data breaches in history remain unsolved mysteries. Yahoo’s 2013 breach that impacted all 3 billion of the company’s users remains an open case, former CEO Marissa Mayer told the Senate Commerce Committee on Wednesday, testifying alongside to the interim and former CEOs of Equifax and a senior Verizon executive. Yahoo didn’t even know of the record-setting 2013 breach until a U.S. indictment in November 2016, more than three years later. An FBI investigation of the 2013 breach is ongoing. This year’s Equifax breach has smaller numbers (145 million people affected) but the data stolen is extremely sensitive and may end up causing more harm than Yahoo. Like Yahoo, the interim and former CEOs of Equifax don’t know who breached their company. There are now multiple ongoing federal investigations into both the breach and the company itself, interim CEO Paulino Barros told the committee. Yahoo’s 2014 breach, which impacted 500 million users, […]
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Survey Reveals Fraud Schemes Too Sophisticated and Evolve Too Quickly to Stop
Analysts wonder whether recent hacks like that of Equifax might serve as the tipping point for banks to rollout new anti-fraud measures, while in tandem, more than half of financial institutions surveyed lack confidence in their current ability to detect and prevent fraud. At least that’s what the 2017 Face of Fraud Survey, conducted by ISMG, experts in risk management research and data security analytics, and commissioned by VASCO recently… Read more
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Equifax Reopens Salary Lookup Service
Equifax has re-opened a Web site that lets anyone look up the salary history of a large portion of the American workforce using little more than a person’s Social Security number and their date of birth. The big-three credit bureau took the site down just hours after I wrote about it on Oct. 8, and began restoring the site eight days later saying it had added unspecified “security enhancements.” Continue reading Equifax Reopens Salary Lookup Service
Equifax is facing a towering pile of class action law suits
More than 70 different class action suits are in the works Continue reading Equifax is facing a towering pile of class action law suits
Rep. Connolly: National data breach notification law could be coming
A cybersecurity-focused lawmaker says Congress may have to consider national data-breach notification legislation if companies don’t do a better job of alerting people when they’ve suffered a breach. Rep. Gerry Connolly, D-Va., said he hopes for a national standard to evolve among the private sector, but massive breaches like that at credit monitoring firm Equifax may force Congress’s hand. Congress doesn’t “want to upset the technology community with obtrusive regulation,” but the private sector has been poor in instilling confidence that it will act in the public’s best interest, he said. “I think its headed that way absent some fresh look by industry, a benchmark standard that everybody’s accepted voluntarily to meet, so that federal regulation is unnecessary,” Connolly told CyberScoop Thursday during Dell Technologies’ Digital Transformation Summit. ”I think Equifax is a great test of whether industry is capable of meeting that test.” Equifax has come under great scrutiny for […]
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Equifax’s Servers Reportedly Had Glaring Holes Long Before Data Breach
Equifax reportedly took six months to take down a publicly exposed web application that could have allowed anyone on the internet to search and download sensitive personal consumer data. VICE Motherboard reported Thursday that an unnamed security researcher alerted Equifax about the exposed application in December 2016, but the company didn’t take steps to secure..
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