U S Senator Elizabeth Warren said on Friday she has begun an investigation into Equifax's massive data breach and, along with 11 other Democratic senators

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Kaspersky CEO to testify before Congress OOYUZ

- ooyuz.com
15 Sep 2017
FTC INVESTIGATING EQUIFAX: The Federal Trade Commission (FTC) on Thursday said it was investigating the Equifax breach that left sensitive information on 143 million Americans exposed to hackers. "The FTC typically does not comment on ongoing investigations," FTC spokesman Peter Kaplan said in an email. "However, in light of the intense public interest and the potential ...

Lessons from the Equifax Breach

15 Sep 2017
On Friday, Equifax, the credit reporting agency, announced a massive data breach which involves the potential compromise of the personal data of 143 million U.S. consumers and limited information of residents of Canada and Great Britain, including names, addresses, Social Security numbers, and birth dates.
- gartner.com

States send demand letter to Equifax in wake of massive data

- wsfa.com
15 Sep 2017
"We object to Equifax seemingly using its own data breach as an opportunity to sell services to breach victims. Selling a fee-based product that competes with Equifax's own free offer of credit monitoring services to victims of Equifax's own data breach is unfair, particularly if consumers are not sure if their information was compromised. Equifax cannot reap benefits from ...

Equifax Breach Drags Open Source Security Into Spotlight

15 Sep 2017
If a single vulnerability (in Struts or any other package) was responsible for a breach of this magnitude then Equifax was being dangerously careless with extremely sensitive data. Equifax is ultimately responsible for the safety of this data. This includes both, being careful about they software they use and employing "defense in depth" so that a single vulnerability ...
- cmswire.com

Related Phishing Attacks

- meritalk.com
15 Sep 2017
Equifax discovered the breach on July 29, and announced it to the public Sept. 7. Rep. Ted Lieu, D-Calif., noted in his letter to the House Judiciary Committee that it was "disturbing" that Equifax took six weeks to inform users that their data had been breached.

Equifax Data Breach and CVE Violations

15 Sep 2017
As reported by BBC News and Krebs on Security , the Argentina based Equifax internal website was identified as having a default username of "admin" and password of "admin" exposed to internal employees and available to anyone within Equifax Argentina that could guess the basic, default combination. The data behind the portal was sensitive to say the least. It contained ...
- beyondtrust.com

After Equifax Hack, Consumers Are On Their Own Here Are 6 Tips To Protect Your Data

- npr.org
15 Sep 2017
After Equifax Hack, Consumers Are On Their Own. Here Are 6 Tips To Protect Your Data The credit-rating company last week said it was hacked, leaving 143 million consumers' personal information exposed. Equifax now faces lawsuits and investigations. Read tips on safeguarding your data.

It's the End of Cybersecurity

15 Sep 2017
In the last 4 business days since the company disclosed the data breach , Equifax has suffered a $5.3 billion loss in market capitalization which represents almost a third of the company's total value. When considering an estimate of the potential costs associated with the data breach (based on the 2017 IBM/Ponemon Institute Cost of Data Breach Study ), Equifax faces a ...
- blogs.gartner.com

Some Equifax Customers Who Sought Safety Got Burned in the Data Breach

- wsj.com
15 Sep 2017
Purchases of the monitoring service that led to card data being stolen were made before Equifax disclosed last week that a massive hack had exposed vital personal information for potentially 143 million Americans . That information included names, addresses, dates of birth and Social Security numbers. In its announcement, the company said approximately 209,000 people had ...

Here's how to protect yourself

15 Sep 2017
One of the largest data breaches in history has left 143 million people wondering if their highly personal data has been exposed to hackers. For now, Equifax doesn't explicitly tell you if you were a victim, and in 99.99 percent of cases (yes, literally), it won't notify you by direct mail. But, if you're concerned you're vulnerable to identity theft because of the breach, ...
- cnet.com

The FTC is investigating the Equifax data breach

- axios.com
15 Sep 2017
The Federal Trade Commission has confirmed to multiple outlets that it is probing the breach at credit check agency Equifax that implicated data from 143 million people. That's a surprising move for an agency that usually keeps its investigations under wraps.

Federal Trade Commission is Investigating Equifax Breach

15 Sep 2017
"The FTC typically does not comment on ongoing investigations," Spokesman Peter Kaplan said in an email. "However, in light of the intense public interest and the potential impact of this matter, I can confirm that FTC staff is investigating the Equifax data breach."
- nextgov.com

FTC is investigating the Equifax breach

- 1170kfaq.com
15 Sep 2017
"The FTC typically does not comment on ongoing investigations," Peter Kaplan, the FTC's acting director of public affairs, said in a statement. "However, in light of the intense public interest and the potential impact of this matter, I can confirm that FTC staff is investigating the Equifax data breach."

FTC is investigating the Equifax breach Q

15 Sep 2017
"The FTC typically does not comment on ongoing investigations. However, in light of the intense public interest and the potential impact of this matter, I can confirm that FTC staff is investigating the Equifax data breach," Peter Kaplan, the FTC's acting director of public affairs, said in a statement.
- ktvq.com

After Equifax Hack, Consumers Are On Their Own Here Are 6 Tips To Protect Your Data

- news.wabe.org
15 Sep 2017
Massachusetts Attorney General Maura Healey, who plans to sue the company, called Equifax's breach "the most brazen failure to protect consumer data we have ever seen." Several other states and the Federal Trade Commission have said they have opened their own investigations. Members of Congress have demanded criminal investigations and a full accounting of what happened.

FTC Launches Investigation Into Equifax Breach

15 Sep 2017
The data breach, which also included Social Security numbers and other personal and financial information, has sparked outrage among consumers, privacy groups and lawmakers . According to Reuters, Chuck Schumer, a senior Democratic U.S senator in New York, went as far as to compare the Equifax breach to the 2001 Enron scandal, when it was revealed that the energy company ...
- pymnts.com

Mitigating Third Party Data Breach Risks

- jdsupra.com
15 Sep 2017
One estimate from RADAR, Inc. indicated that approximately 12 percent of breaches of the sample set of 10,000 incidents from the past year were caused by third parties. IAPP, Surprising stats on third-party vendor risk and breach likelihood, available at iapp.org . A survey of enterprise-level organizations by Soha Systems indicated that third parties accounted for ...

Equifax feels the heat in Washington for breach

15 Sep 2017
The letter is among several that lawmakers have sent to Equifax in recent days. Sens. John Thune John Randolph Thune Trump reaching out to Dems on tax reform: report GOP senators call on Bannon, Trump to lay off incumbents Senators press for answers on Equifax executives who sold stock after breach MORE (R-S.D.) and Bill Nelson Clarence (Bill) William Nelson Congress ...
- thehill.com

Hackers exploited flaw experts flagged in March

- anticorruptiondigest.com
15 Sep 2017
A week after Equifax revealed one of the largest breaches of consumers' private financial data in history -- 143 million consumers and access to the credit-card data of 209,000 -- the industry group that manages the open source software in which the hack occurred blamed Equifax.

Here's What You Need to Know About the Equifax Data Breach

15 Sep 2017
If you find out that your data was compromised, you need to freeze your credit, first and foremost. Once you do that, anyone who tries to use your credit needs the special PIN we mentioned above -- just be sure you receive the randomized version. After that, it's important that you enroll in a credit monitoring service. Equifax is now offering the data breach victims a ...
- strongvpn.blog

Personal data of 143 million US consumers compromised in massive Equifax server hack

- wsws.org
15 Sep 2017
This is not the first security failure at Equifax. According to security expert Brian Krebs, hackers were able to access tax data of employees at companies using Equifax's payroll service subsidiary TALX last May. According to Krebs, the credit bureaus have "shown themselves to be terrible stewards of very sensitive data" due to a lack of government oversight and regulation.

Why every incident matters

15 Sep 2017
Looking at incidents discovered in 2016 that were subject to state and federal data breach laws, 9.54% of incidents rose to the level of breach, as determined by the decision-support guidance provided by the Radar platform. This means that, on average, for every breach reported, at least 10 are security or privacy incidents that do not rise to the level of a breach ...
- iapp.org

Equifax's troubles deepen amid new disclosure about breach

- newsok.com
15 Sep 2017
Investors are clearly concerned about Equifax's fate. The company's stock has lost nearly a third of its value since it disclosed the breach. Three Equifax executives, including the company's chief financial officer, preserved a significant chunk of their wealth by selling stock worth a combined $1.8 million just after management learned of the breach, but well before the ...

FTC investigating Equifax data breach

15 Sep 2017
In addition t? th? risk from th? initial Equifax data breach, consumers face subsequent scams bubbling up in th? aftermath. The FTC cautioned people, Equifax is not calling consumers who ma? be affected, but scam artists posing as an Equifax representative could tr? t? get people t? disclose th?ir personal information over th? phone.
- usanewsguide.com

An Immigration Deal May or May Not Be Happening, FTC Investigating Equifax, Motel 6 Responds to Reports of Collaboration with ICE

- reason.com
15 Sep 2017
I'd be interested in a libertarian take on Bruce Schneier's view of how to deal with Equifax-type breaches. He argues that it's a market failure, since Equifax's customers (people like mortgage companies, car dealers, Macy's) have nothing to lose if our data is stolen, but we have no leverage over Equifax, since we're the 'product', not the customer:

Were you impacted by the Equifax breach? You risk financial chaos by doing nothing

15 Sep 2017
Intraday Data provided by SIX Financial Information and subject to terms of use . Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.
- marketwatch.com

How Equifax Could Have Minimized the Impact of Their Security Breach

- liaison.com
15 Sep 2017
The Equifax security breach can indeed be blamed on its weak security measures and controls. However, as cyber crimes become more sophisticated, it is becoming increasingly more difficult to protect organizations from every emerging threat. But Equifax could have significantly minimized the impact of the security breach if it had employed tokenization which is deemed more ...

Investigators' Knives Out for Equifax After Massive Data Breach

15 Sep 2017
On Wednesday, Equifax claimed to USA Today that the compromise was due to a website vulnerability. Cybersecurity professionals told the outlet, however, that Equifax's failure to install "security updates provided in a timely manner" was responsible for the breach.
- truth-out.org

Massive U S credit bureau hack raises troubling questions

- japantimes.co.jp
15 Sep 2017
Peter Levin, chief executive at the data security firm Amida Technology Solutions and a former federal cybersecurity official, said he is concerned over the national security impact of the breach, which follows a leak of data on millions of U.S. government employees disclosed in 2015.

Federal Trade Commission investigating Equifax data breach

15 Sep 2017
The FTC is one of two federal agencies, along with the Consumer Financial Protection Bureau, that is responsible for regulating Equifax and other credit rating agencies. Specifically, the FTC is tasked with ensuring Equifax is using proper security methods to protect consumers' data online.
- upi.com

Equifax Confirms Hackers Used Apache Struts Vulnerability to Breach Its Servers

- bleepingcomputer.com
15 Sep 2017
Two days before Equifax announced its security breach, the Apache Struts team patched another critical vulnerability -- CVE-2017-9805 . In a statement, the Apache Foundation went on record saying that this second flaw could not have been responsible for the Equifax breach, despite some erroneous reports.

Equifax Suffers Largest Breach

15 Sep 2017
It is unclear if the impacted customers have been notified, or what Equifax plans to do to fully remediate the situation. The company learned of the breach on July 29th, and has been working with a cyber security firm to conduct a thorough investigation. Equifax CEO, Richard Smith, made the following statement to Bloomberg,
- techtalk.pcpitstop.com

FTC breaks trend to confirm it is investigating Equifax breach

- slashgear.com
15 Sep 2017
The FTC has just bucked its own trend, eschewing its tendency to avoid talking about on-going investigations so that it could talk about one investigation in particular: its own probe into the Equifax data breach. The breach is a severe one, potentially affecting approximately 143 million people throughout the US and select other locations.

Beware these 3 scams

15 Sep 2017
The data made available through the Equifax breach is also likely to spur a wave of so-called "spear-phishing" scams that could put more than your credit at risk. Phishing scams are often unsophisticated email and phone cons aimed at getting you to reveal privy data, such as your Social Security number. Spear-phishing cons are far more sophisticated.
- cbsnews.com

FTC Opens Probe into Equifax Data Breach

- darkreading.com
15 Sep 2017
Equifax last week announced that intruders had broken into its systems between May and July this year and accessed Social Security Numbers, birthdates, and other sensitive data on 143 million US consumers. On Sept. 13, the company identified the vulnerability that enabled the intrusion as Apache Struts CVE-2017-5638 , a flaw that was disclosed in March this year and which ...

The Equifax Data Breach

15 Sep 2017
you left something out Rick ... 3 Equinox execs sold stock before the announcement was made to the public...Equifax claims these senior executives did not know there was a data breach...they may not have known, but the perception is really really really bad.
- consumer.ftc.gov

A tale of two breaches

- aei.org
15 Sep 2017
That the Equifax breach was mundane doesn't mean it was not serious. The hackers who obtained data from Equifax now have the ability to cause untold harm -- likely in the billions of dollars. They can open new lines of credit and bank accounts in other people's names. They can obtain access to bank accounts, wiring funds overseas. They can submit online tax forms, ...

Failure to patch two old bug led to massive Equifax breach

15 Sep 2017
The Equifax breach that exposed sensitive data for as many as 143 million US consumers was accomplished by exploiting a Web application vulnerability that had been patched more than two months earlier, officials with the credit reporting service said Thursday.
- arstechnica.com

FTC Opens Investigation Into Equifax Breach

- bloomberg.com
15 Sep 2017
Senate Minority Leader Chuck Schumer said Thursday that Equifax "stunningly and epically" failed to protect people's sensitive information. In a speech on the Senate floor, he called the data breach "one of the most egregious examples of corporate malfeasance since Enron."

Equifax CEO's quiet 70 million stock profit

15 Sep 2017
As the company's CEO for the last 12 years, he's presided over massive growth in revenue, profit and share price. As a result, the 57-year old executive has netted a staggering $68.9 million by selling Equifax shares just since the start of 2016, according to filings by the company.
- money.cnn.com

FTC Probing Equifax After Massive Data Breach

- nbcconnecticut.com
15 Sep 2017
Equifax, already facing lawsuits in the wake of its disclosure last week that it exposed vital data like Social Security numbers of about 143 million Americans, is the subject of a Federal Trade Commission investigation as well, the federal agency told CNBC Thursday.

Canada's privacy commissioner opens probe into Equifax data breach

15 Sep 2017
Equifax said Friday that systems in the United Kingdom were not affected by the breach. However, there was a batch of fewer than 400,000 British consumers who had some of their personal information compromised, though the company said that information was unlikely to lead to identity theft.
- cbc.ca

Does Your Small Business Need Data Breach Insurance

- smallbiztrends.com
15 Sep 2017
Cyber security breaches cost businesses billions of dollars each year. Breaches in 2016 reached a record peak. Data from the Identity Theft Resource Center reveals in 2016, U.S. businesses and government agencies suffered a record 1,093 data breaches, a 40 percent increase from the previous year.

The Equifax Security Breach and How it Affects

15 Sep 2017
The important point is that if you are applying for a mortgage, all three bureaus must be checked. In the business we call it a "tri-merge" credit report. So if you have applied for a mortgage, you are in Equifax's database, and potentially your personal information (name, SSN, address, DOB) may have been obtained by those responsible for the hack. The company states that ...
- mailchi.mp
#SocialSecurity      #FederalTradeCommission      #PeterKaplan      #SohaSystems     
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