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China denied involvement in any hacking activities on Tuesday after the United States indicted four members of the Chinese military for allegedly breaking into the computer networks of the Equifax credit reporting agency and stealing the personal information of tens of millions of people.
Four members of the Chinese military have been charged with breaking into the computer networks of the Equifax credit reporting agency and stealing the personal information of tens of millions of Americans, the Justice Department said Monday, blaming Beijing for one of the largest hacks in history to target consumer data.
Equifax will pay at least $700 million – and potentially much more – to settle lawsuits over a 2017 data breach that exposed the Social Security numbers and similar sensitive information of roughly half of the U.S. population.
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 and other private information
A former software developer for Equifax faces insider trading charges related to the company’s massive
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 numbers, driver’s license numbers, names, dates of birth and other sensitive personal information in a massive data breach last year.
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 data breach.
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 and the stock price plunged.
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. The company says the additional consumers only had their names and a partial driver’s license number stolen by the attackers, unlike the original 145.5 million Americans who had their Social Security numbers affected. Attackers were unable to get the state where the license was issued, the date of issuance or its expiration date.
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.
The Equifax data breach exposed more of consumers’ personal information than the company first disclosed last year, according to documents given to lawmakers.
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 compromised.
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 current quarter.
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 sold shares at the time did anything wrong.
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 that recently had a massive data beach.
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.
Equifax has taken down one of its web pages after reports that another part of its web site had been hacked as well.
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 of tens of millions of Americans like you, going back decades. Your mortgage loan totals. When you switched from a Macy’s card to a Target card. How much you still owe for college.
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.
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.