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Stories tagged: Equifax


Report: Equifax to pay $700 million settlement for 2017 data breach

The Wall Street Journal says Equifax will pay around $700 million to settle with the FTC over a 2017 data breach that exposed some 150 million people’s social security numbers …


UPDATED: Thu., June 28, 2018, 8:25 p.m.

Ex-Equifax software developer charged with insider trading

A former software developer for Equifax faces insider trading charges related to the company’s massive


145 million Social Security numbers, 99 million addresses and more: Every type of personal data Equifax lost to hackers, by the numbers

In a filing to the Securities and Exchange Commission earlier this month, Equifax is offering its most detailed analysis to date since it lost control of millions of Social Security …


UPDATED: Wed., March 28, 2018, 4:44 p.m.

Equifax hires financial executive Mark Begor as new CEO

Equifax tapped longtime financial industry executive Mark Begor as its new permanent CEO, the company said Wednesday, as Equifax continues to try to recover from fallout surrounding the company’s massive …


UPDATED: Wed., March 14, 2018, 3:03 p.m.

Former Equifax executive charged with insider trading

Insider trading charges were announced Wednesday against a former Equifax executive who sold his shares for nearly $1 million before the company’s massive data breach was revealed to the public …


Equifax finds additional 2.4 million impacted by 2017 breach

NEW YORK – Equifax said Thursday that an additional 2.4 million Americans were affected by last year’s data breach; however these newly disclosed consumers had significantly less personal information stolen. …


Democrats on House panel urge Equifax to extend protections

Democratic lawmakers on a House investigative panel are asking Equifax Inc. to provide its free credit monitoring and identity theft protection for at least three years.


UPDATED: Fri., Feb. 9, 2018, 6:55 p.m.

Equifax hack put more info at risk than consumers knew

The Equifax data breach exposed more of consumers’ personal information than the company first disclosed last year, according to documents given to lawmakers.


Senators want ‘massive’ fines for data breaches at Equifax and other credit reporting firms

Two senators on Wednesday proposed “massive and mandatory” fines for data breaches at Equifax Inc. and other credit reporting companies, starting at $100 for each consumer whose sensitive information is …


UPDATED: Fri., Nov. 10, 2017, 3:21 p.m.

Equifax apologizes again, lays out costs going forward

A day after posting sizeable profit declines due to a massive data breach, Equifax said it expects to incur related costs of between $60 million to $75 billion in the …


Equifax: 4 executives didn’t commit insider trading

Equifax, the credit report company hacked over the summer exposing the personal information of 145 million Americans, said that a special committee has determined none of the four executives who …


UPDATED: Fri., Oct. 13, 2017, 7:16 p.m.

Under pressure from Congress, IRS suspends Equifax contract

The IRS suspended a $7.25 million contract with the credit reporting company Equifax Friday after members of Congress complained the tax agency had awarded a no-bid contract to a company …


Equifax says code on its website ‘was serving malicious content’

Equifax Inc. took part of its website offline Thursday after code on the site redirected users to a malicious URL urging them to download malware.


UPDATED: Thu., Oct. 12, 2017, 3:49 p.m.

Equifax takes down customer service page after new hack

Equifax has taken down one of its web pages after reports that another part of its web site had been hacked as well.


Equifax makes money by knowing a lot about you

NEW YORK – Equifax knows a lot about you. That is, in essence, how it makes money. The company and its competitors have in their files the personal financial information …


UPDATED: Wed., Oct. 4, 2017, 12:05 p.m.

Senators bewildered by Equifax contract with IRS after hack

Senators are expressing bewilderment that credit reporting company Equifax has received a $7.25 million contract with the IRS to provide taxpayer and personal identity verification services.


UPDATED: Tue., Oct. 3, 2017, 4:40 p.m.

Scandal-plagued Equifax wins $7.25 million contract from IRS

The company at the center of the biggest breach of personal information just signed a contract with the federal government to provide, well, personal information.


UPDATED: Tue., Oct. 3, 2017, 3:19 p.m.

Lawmakers call Equifax response to breach inadequate

House Republicans and Democrats on Tuesday lashed out at the former head of Equifax, demanding answers for the massive data breach that compromised the sensitive personal information of an estimated …


UPDATED: Mon., Oct. 2, 2017, 7:39 p.m.

Equifax: 2.5 million more Americans may be affected by hack

Credit report company Equifax said Monday that 2.5 million more Americans may have been affected by the massive security breach of its systems, bringing the total to 145.5 million people.


UPDATED: Mon., Oct. 2, 2017, 7:39 p.m.

Former Equifax chairman apologizes for data breach

The former chairman and CEO of Equifax says the company was entrusted with personal information of 140 million Americans and “we let them down” as human error and technology failures …


New Equifax CEO: Sorry for the hack and bad customer service

Equifax, under pressure from a massive data breach, is apologizing and trying again to make amends to consumers. Its new interim CEO – installed last week after the previous chief …


UPDATED: Tue., Sept. 26, 2017, 11:04 a.m.

Equifax CEO Richard Smith steps down amid hacking scandal

The chief executive of Equifax, the troubled credit reporting agency that suffered a massive data breach that affected as many as 143 million people, will retire, effective Tuesday, according to …


UPDATED: Mon., Sept. 25, 2017, 7:43 p.m.

Equifax’s massive hack has a tiny silver lining

More employees are likely to see a timely new offering when they choose their benefits in a month or so – identity-theft protection.


Report: Hackers were snooping inside Equifax as of March

Hackers broke into Equifax’s computer systems in March, two months earlier than the company had previously disclosed, according to a Wall Street Journal report.


Equifax may be happy to spend $1 per customer for their trouble

Equifax could get away with paying a mere $1 per person after failing to protect almost half of America’s credit data.


After massive Equifax breach, N.Y. attorney general presses TransUnion, Experian for details

New York Attorney General Eric Schneiderman is pressing two credit monitoring companies to explain what cybersecurity they have in place to protect sensitive consumer information following a recent breach at …


Equifax stock sales said to be focus of U.S. criminal probe

The U.S. Justice Department has opened a criminal investigation into whether top officials at Equifax Inc. violated insider trading laws when they sold stock before the company disclosed that it …


After Equifax hack, LifeLock sign-ups jump tenfold

Since news of the breach, LifeLock has seen six times its usual web traffic and the company is enrolling 10 times as many new customers every hour than before the …


BBB Tip of the Week: Equifax data breach tips

This is not a typical data breach, extremely sensitive personal information has been compromised, including Social Security numbers, addresses, birth dates, credit card account numbers – all of which can …


Two Equifax executives will retire following massive data breach

A week after Equifax disclosed that it suffered a massive data breach that may have compromised sensitive information belonging to 143 million people, the credit reporting agency’s chief information officer, …