Equifax
Equifax Data Breach Settlement of $20,000 per Victim
In the year 2017, Equifax experienced a massive data breach leading to the leak of social security numbers, DOBs, addresses, contact info, and other details of nearly 150 million people. The data leak was investigated and the financial service offering firm stated it was ready to offer a one-year free credit monitoring service to all […]
Equifax invests $1.25 Billion in Cloud Security
US Credit Reporting Agency Equifax has made it official that it is going to invest $1.2 billion in cloud security business through the C3M cloud partner. The company which hit news headlines for a data breach now seems to desire to become a leader in data security “For us, security has become paramount and Equifax […]
After 2017 data breach Equifax aims for utmost Cloud Security with Google Cloud Platform
Equifax which witnessed a massive data breach in 2017 had to make a $700 million global settlement with the US Federal Trade Commission and the Consumer Financial Protection Bureau to alleviate damages to the affected individuals and make organizational changes to prevent such breaches in the future. Now the credit scoring company has announced that […]
Equifax agreed to pay $700M for its 2017 Data Breach
American Credit Agency Equifax is reported to have agreed to pay a penalty of $700M for its 2017 Data Breach that affected more than 150 million customers by leaking their critical info such as personal names, date of births, social security numbers, and some financial details. Federal Trade Commission, a data watchdog of North America […]
Cyber attack forces Moody’s to downgrade Equifax
Equifax data breach of 2017 has made Moody’s downgrade the company’s outlook from stable to negative. The American business and financial services company say that downgrade was essential due to cybersecurity issues. Moody’s’ Corporation has released a press statement saying that the credit monitoring company had to experience a downgrade due to a massive breach […]
Britain Watchdog $658,000 fine on Equifax and NSA Eternal Blue Cyber Threat
US Crediting reporting company Equifax has been slapped with a fine of $658,000 or £500,000 for failing to protect information of more than 15 million UK citizens during a cyber attack which took place last year. The Information Commissioner’s Office(ICO) has come up with the said conclusion of levying a penalty on Equifax after it […]
ONE YEAR SINCE EQUIFAX
This post was originally published here by (ISC)² Management. It has been one year since the Equifax breach was first disclosed to the public. It has been one year and six weeks since Equifax first became aware of the breach. The delay in the public announcement of the breach after executives became aware may have proven just […]
Equifax Cyber Attack faces a lawsuit from Canada Citizen
In September 2017, Equifax disclosed that a cyber attack on its database has exposed sensitive info of more than 143 million of its American consumers. The leaked data includes social security numbers, driver licenses, and phone numbers as well. Daniel Thalheimer, 46, a citizen of Duncan, Canada has now filed a class action lawsuit against […]