Equifax Hacked! 2017

[userque]

(VIDEO) Hacked again? After investigation, Equifax says no
https://www.cnbc.com/2017/10/12/equifax-says-it-might-have-been-breached-again.html

 

[userque]

The story is still breaking. I suspect the linked website will be updated as the story develops.
________________
Equifax shares drop nearly 3 percent after new cyber breach
https://www.cnbc.com/2017/10/12/equifax-shares-drop-nearly-3-percent-after-new-cyber-breach.html

 

[Warrenlm]

"In his testimony, Smith laid the blame on a faulty scanner for not flagging the vulnerability on March 15 and on a single Equifax staffer responsible for mishandling patches on March 9. He did not name the person. "

https://www.cnet.com/news/equifax-ex-ceo-blames-breach-on-one-person-and-a-bad-scanner/

For want of a nail.....

 

[userque]

Equifax data breach may affect 2.5 million more consumers than originally stated
https://www.cnbc.com/2017/10/02/equ...ed-by-data-breach-than-originally-stated.html

 

[Warrenlm]

Now comes the test for us little people.

Equifax CEO to collect $90 million: report | TheHill

Equifax CEO to collect $90 million: report

Headline says it all. Do we understand that our representatives, who vote our shares as pension fund administrators, (or our unanswered calls for votes as participants in mutual funds,) select/allow people on Boards of Directors who form Compensation Committees, which agree to egregiously obscene compensation contracts? Don't hang the CEO in effigy. Go tar and feather the Directors and bonfire the in-crowd administrators.

 

[userque]

Yet...so many believe we need less government regulation. This is exactly why regulation is enacted: to protect citizens against incompetence and corruption.

Big changes coming for credit firms in wake of Equifax hack, CFPB director says
https://www.cnbc.com/2017/09/27/big...-wake-of-equifax-hack-cfpb-director-says.html

• Consumer Financial Protection Bureau Director Richard Cordray says Equifax, TransUnion and Experian are going to get embedded regulators.
• Fallout continues from the Equifax scandal, in which up to 143 million Americans had personal data exposed due to a breach discovered on July 29.

 

[userque]

Yet...so many believe we need less government regulation. This is exactly why regulation is enacted: to protect citizens against incompetence and corruption.
_____________

For weeks, Equifax customer service has been directing victims to a fake phishing site
https://www.theverge.com/2017/9/20/16339612/equifax-tweet-wrong-website-phishing-identity-monitoring

"Earlier this month, hackers broke into Equifax's servers and stole 143 million people's personal information, including their Social Security numbers. In response to the attack, Equifax set up a website — www.equifaxsecurity2017.com — for possible victims to verify whether they're affected. Because the process involves sharing sensitive information, consumers have to trust they're entering their data in the right place, which can be tricky because the breach-recovery site itself isn’t part of equifax.com. If users end up on the wrong site, they could end up leaking the data they're already concerned was stolen.

Today, Equifax ended up creating that exact situation on Twitter. In a tweet to a potential victim, the credit bureau linked to securityequifax2017.com, instead of equifaxsecurity2017.com. It was an easy mistake to make, but the result sent the user to a site with no connection to Equifax itself. Equifax deleted the tweet shortly after this article was published, but it remained live for nearly 24 hours.

...

Further research revealed three more tweets that had sent potential victims to the same false address, dating back as far as September 9th. These tweets have also since been deleted.

..."

 

[userque]

House Finance Committee seeks information from traders about questionable Equifax options activity
https://www.cnbc.com/2017/09/20/hou...-information-on-equifax-options-activity.html

• "The committee is looking for a possible explanation for the spike in Equifax options trades in August, weeks before the massive cyberbreach was publicly disclosed.
• Trading in Equifax options was unusual because they are normally lightly traded.
• The transaction could have resulted in millions of dollars in profit based on Equifax's recent trading price.

..."

 

[burrocrat]

whoever steals my identity is in for a real treat, gonna get what they deserve. they can have my student loans, car payments, and taxes. screw them. it is difficult to threaten somebody who has nothing to lose. also i hope they have fun with my debit card on their $7.83 shopping spree.

 

[nasa1974]

Unlike many reporting fees , was able to active credit freeze for free. For both myself and my fiancée All cost zero dollars. Might depend on the state you live in. By the way there are four credit reporting agencies not three.


Sent from my iPhone using Tapatalk

I understand Equifax is free. Here in Ohio it is $5 per freeze except for Equifax.

I haven't done it yet since I have two companies watching so far, but plan on doing it sometime this week.

 

[offroad]

Unlike many reporting fees , was able to active credit freeze for free. For both myself and my fiancée All cost zero dollars. Might depend on the state you live in. By the way there are four credit reporting agencies not three.


Sent from my iPhone using Tapatalk

 

[userque]

Equifax used the word 'admin' for the login and password of a database
https://www.cnbc.com/2017/09/14/equ...-login-and-password-of-a-non-us-database.html

• "After some guesswork, cyber information security firm Hold Security found personal employee information including names, emails, and Social Security equivalents.
• Equifax promptly shut down the website after news of the research broke.
• Equifax sank deeper into a controversy over its handling of a data breach that could affect 143 million people, with the FTC confirming Thursday it is investigating.

..."

 

[userque]

US senator on Equifax hack: 'Somebody needs to go to jail'
https://www.cnbc.com/2017/09/13/us-senator-on-equifax-hack-somebody-needs-to-go-to-jail.html

• "Thirty-six U.S. senators called on federal authorities to investigate the sale of nearly $2 million in shares of credit bureau Equifax by company executives after a massive data breach.
• One compared the executives' actions to insider trading.
• Cybersecurity experts believe the breach is one of the largest data hacks ever disclosed.

..."

 

[Warrenlm]

How much is it worth? Equifax hack: How much your stolen info is worth on the black market | Fox Business

And the sideshow begins. "Somebody Goes To Jail" - Senator Says Equifax Execs Should Face Criminal Investigation | Zero Hedge


Within the Board Room, and in the Executive Offices, many, many decisions on the IT budget and strategies, for business purposes, were made that led directly to this adverse and potentially devastating impact on people's lives.

Until people care enough to demand laws that generate perp walks, real perp walks and prison time for executives that really don't want to see prison as a forwarding address, and for certain, those decisions and trade offs will continue.

The theory that class action lawsuits will create different decisions by punishing the parties who made those decisions only works when public shaming causes the Board to worry about themselves.

When we let our congresscritter off the hook by having a media circus they use to calm the serfs, we are at fault.

 

[evilanne]

My info came up 'potential impact', their way of saying I was part of the data breech.
My Enrollment Eligibility Date is Sept 12.

I got the same thing. What information did they ask for when you signed up for credit monitoring? I'm afraid to give them any more personal info.

 

[evilanne]

Is there a time frame or statute of limitation on filing a class action suit? Working for the Government, I'm sure the Chinese and/or Russians already have most of my personal information but don't believe we can sue the Federal Government unless they allow us to.

Equifax story indicates that drivers license info was included. For 2016, you were required to enter ID number on your tax form which if true could increase the number of tax returns being filed.

 

[FogSailing]

Obviously, they are beyond negligent. The keys to the kingdom. There is NO EXCUSE.

FS

 

[userque]

Equifax's credit report monitoring site is also vulnerable to hacking
Equifax's credit report monitoring site is also vulnerable to hacking | ZDNet

"The site has at least one vulnerability that allows a hacker to trick users into turning over sensitive data.

..."

 

[FogSailing]

Well, that's an improvement. And the small claims court bot is novel approach to addressing a problem directly. However, nothing can repay the breach of privacy and security in our lives because of this event. I think there are some very bad players out there and this data will be used to cause a massive financial disruption at some point.

FS

 

[nasa1974]

This is an excerpt from my local paper this morning about the Equifax security breach.

''Enrolling in the free credit file monitoring and identity theft protection products that we are offering as part of this cybersecurity incident does not prohibit consumers from taking legal action. We have already removed that language from the Terms of Use on the site www.equifaxsecurity2017 .com . . .

''Again, to be as clear as possible, we will not apply any arbitration clause or class action waiver against consumers for claims related to the free products offered in response to the cybersecurity incident or for claims related to the cybersecurity incident itself.''