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Your search for equifax returned 163 results

Your search for equifax returned 163 results

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Data Breach, Privacy & Compliance News and Analysis, Security News

Despite concerns over breaches, 40% of cardholders have provided Social Security numbers online

Two years after the Equifax breach, four in 10 consumers holding credit or debit cards have included their full Social Security numbers on an online form, a new report has found. In research conducted for the second year in a row to mark the anniversary of the 2017 Equifax breach that exposed the personal information…
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Game on: Why hackers hack

Theft of sensitive data, ranging from employee and customer information to intellectual property, remains at the epicenter of the battle between threat actors and the organizations responsible for protection. Consumers and businesses alike are sharing more data across an ever-expanding digital landscape that includes the cloud, mobile, IoT and more. So, organizations are increasingly challenged…
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Data Breach, Privacy & Compliance News and Analysis, Security News

Capital One hacker who stole personal info on 100M arrested

The FBI arrested a former software engineer from Seattle on charges of computer fraud and abuse after she accessed Capital One Financial Corp. data through a misconfigured web application firewall and stole Social Security numbers, names, birth dates, bank account numbers and other personal information on more than 100 million people. Paige A. Thompson, 33,…
SC Security Ops Center, Security News

Social Engineering: Telling the good guys from the bad

No matter how sophisticated computer security technology becomes, the human desire for connection and friendship appears to be an endless opening for social engineering attacks. The costs of socially engineered attacks remain considerable. Individual costs can range between $25,000 and $100,000 per person per incident, says Mark Bernard, principal of Secure Knowledge Management, a security…
Data Breach, Government/Defense, Privacy & Compliance News and Analysis, Security News

Equifax to pay up to $425 million for breach in FTC settlement

Equifax will pay between $330 million to $425 million to a restitution fund for victims in a settlement with the Federal Trade Commission (FTC) over a 2017 breach that exposed the personal information of 148 million people. The company came under fire for its poor security practices that had it missing an Apache Struts vulnerability responsible…
Executive Insight, Opinions, Security News

Cybercriminals are increasingly targeting the financial services industry

Universally, consumers and small and large businesses alike, are increasingly aware of the well-established fact that cybercrime is on the rise. Last year, 4iQ discovered nearly 15 billion identity records that had been stolen from companies and were circulating the deep and dark web, including 3.6 billion new and verified records. There were also over…
SC Security Ops Center, Security News

The picture of threat intelligence

The long-acknowledged core problem with threat intelligence today is the software equivalent of a Yin and Yang situation. The algorithms are smart enough to catch a massive number of log anomalies, detecting any pattern deviation that might indicate an attack attempt. That said, they are not yet smart enough to identify accurately the real threats…
Data Breach, Network Security, Security News, Web Services Security, E-Commerce Security

Federal agencies still using insecure knowledge-based verification for online services

A performance audit of six U.S. government agencies found that four of them are still using knowledge-based questions to verify the identities of individuals applying for federal benefits or services, even though this practice is considered outdated and insecure, especially in light of the 2017 Equifax breach. Knowledge-based verification questions are typically created by credit…
Data Breach, Finance, Security News

In a first, Moody’s downgrades Equifax’s rating outlook due to cyberattack

Credit ratings agency Moody’s this week revised its rating outlook for Equifax, downgrading it from stable to negative as a result of financial losses stemming from a 2017 data breach. The move marks the very first time Moody’s has taken any kind of rating action as the result of financial fallout from a cyberattack. A…
Data Breach, Security News

Equifax data breach recovery costs pass $1 billion

In Equifax’s latest Security and Exchange Commission filing the company is estimating it has spent about $1.4 billion recovering from its 2017 data breach that exposed the PII of 148 million customers, according to a published report. This includes a $690 million charge made during the first quarter of 2019 related to outstanding litigation and…
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