FTC Probing Equifax After Massive Data Breach

FTC Probing Equifax After Massive Data Breach

"If a company has a data breach, like a Home Depot or whatever, they can sell hammers, nails, wood, whatever and generate revenue", Jeff Dodge, senior vice president of investor relations at Equifax, said at an investor conference in November.

Leigh-Anne Galloway, cyber security resilience lead at Positive Technologies, said: "Given how often flaws of this nature are discovered, it's therefore not a huge surprise that an exploit of a vulnerability was the entry point for the Equifax breach".

The company disclosed the breach on September 7, saying thieves may have stolen the personal information of 143 million Americans in one of the largest hacks ever.

Sen. Mark Warner, D-Va., had asked the FTC to investigate the Equifax hack and the company's CEO, Richard Smith, has been invited to testify to the House Energy and Commerce Committee. In addition, credit card numbers for approximately 209,000 USA consumers, and certain credit dispute documents with personal identifying information for approximately 182,000 US consumers, were accessed.

Shares of Equifax have lost almost a third of their value in the week since the breach was disclosed. Equifax Canada did not respond to requests from The Canadian Press. "Americans need to know what information is being compiled and used about them and their families, including what they do online". Those pages contained more than 14,000 unencrypted personal records, including DNIs - Argentina's version of Social Security numbers.

The company has provided consumers in the USA with a website that shows whether they are at risk of identity theft and is allowing them to monitor their files for free for one year.

Читайте также: Former governor Mikheil Saakashvili 'forces entry' to Ukraine

Equifax says the information accessed in this breach includes names, Social Security numbers, birth dates, addresses and, in some instances, driver's license numbers.

The company, which safeguards financial data for consumers applying for credit, said it learned of the breach on July 29 and "acted immediately" with the assistance of an independent cybersecurity firm to assess the impact.

Maura Healey, the attorney general of MA, said this week she intends to file the first state lawsuit against Equifax over the breach.

More than a month elapsed between the Apache Struts fix became available and Equifax's hack.

"We're talking about the gateway to all of your financial information in your life", said Weeks, who is the principal of communication firm Weeks Media Group.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2017 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

follow

editors' picks

Сентября 13, 2017
Angelina Jolie's First They Killed My Father Is Frustratingly Inert Cinema
Angelina and five of her six children hit the Toronto Film Festival red carpet for the premiere of The Breadwinner . That is and will remain one of the wonderful opportunities we are able to give our children ...

Сентября 12, 2017
Xiaomi Launches MacBook Pro killer - the Mi Notebook Pro
The Chinese company already debuted the Mi Notebook Air , and yes, it looks almost identical to Apple's long-ignored MacBook Air. The device will, like its predecessor, be available only in China and will start going on Sale on September 15.

Сентября 11, 2017
Incredible Footage of the 8.1 Magnitude Earthquake Which Hit Mexico Last Night
Additionally, hundreds of people have reportedly lost electricity as normal life has come to a halt in Southern Mexico . The worst-hit states include Tabasco, Oaxaca , and Chiapas were residents are feared trapped under the rubble.

Сентября 08, 2017
SpaceX to launch a secret spy craft mission for the US Military
Yes, you read that correctly; this marked SpaceX's 16 overall successful landing of the Falcon 9 (and the seventh on terra firma). With Hurricane Irma looming off the Florida coast, SpaceX beat unfavorable weather odds Thursday morning to send the U.S.

Сентября 08, 2017
Cavaliers Mum On 'Non-Surgical' Approach To Thomas's Hip
Thomas said that he is "just getting treatment each and every day" and working in the weight room. His older son, James , is excited that his dad will get to play alongside LeBron James .

Сентября 07, 2017
Huawei Mate 10 renders leak
Meanwhile, everyone is now keeping an eye out for Apple as it prepares to announce the iPhone 8 next week on September 12. That might disappoint some fans, but it does look like the regular Mate 10 will have thinner bezels than the Mate 9 .

Сентября 06, 2017
US Open - 'Almost' not good enough for Venus Williams this time
Kvitova will play seven-time major champion Venus Williams of the United States on Tuesday with a semi-final berth at stake. Hard feelings aside, even Wozniacki conceded she understood the business side of the sport and Sharapova's place in it.

Сентября 05, 2017
Xiaomi Mi Mix 2 Specs Rumored
The company made the announcement on a Weibo post showing the outline of the device with thinner bezels than the previous Mi Mix. Qualcomm China also took to the social media site to put aside rumours of the Mi Mix featuring a Snapdragon 836 chipset.

Сентября 05, 2017
Harry Sterling: Saner heads should prevail on North Korea
The U.S. military frequently responds to North Korean actions with a show-of-force display of its attack aircraft. Three short-range missiles were launched on Saturday.

Сентября 04, 2017
Sharapova, Venus in action on soggy day at US Open
Williams took the first set against Navarro without issue at 6-3, but was broken on her first serve in the second set. The Russian had had to battle through earlier rounds and made 51 unforced errors in the fourth-round defeat.