Equifax was reportedly hacked almost five months before its first disclosed date

 Equifax learned about a major breach in its systems in March, well before it disclosed a massive breach earlier this month that included sensitive information for 143 million consumers, according to a new report from Bloomberg. Bloomberg is also reporting that both breaches may have involved the same intruders, which is not a good look for the company that is reeling from the massive breach… Read More

Security researchers find gross deficiencies on Equifax Argentina site

 As we close in on a week since Equifax announced the massive hack that could potentially have exposed the financial information of 143 million consumers in the US, we have been left with many questions. How could a firm entrusted with our most sensitive financial data allow this to happen? Well, security researcher, Brian Krebs (who broke the Target breach story in 2014), reports today that… Read More

No, a chatbot can’t automatically sue Equifax for $25,000

 Making the rounds today is a chatbot that claims it will let you sue Equifax for thousands of dollars in small claims court without using a lawyer. The Verge boldly stated you can claim up to $25,000 dollars, and the chatbot says that it’s the “first case of a fully automated lawsuit.” While it would be cool to fill out a form and get a check a few months later, this… Read More

Senator says Equifax should offer customers free credit security freezes

 Equifax’s handling of the massive data breach that affected 143 million people has been ineffective, Senator Brian Schatz wrote today in a letter to Equifax. He says what Equifax has offered customers, a one-year complimentary subscription to credit monitoring, is “inadequate for several reasons.” Read More

PSA: no matter what, Equifax may tell you you’ve been impacted by the hack

 Those hoping to find out if their Social Security number and other identifying info was stolen, along with a potential 143 million other American’s data won’t find answers from Equifax.
In what is an unconscionable move by the credit report company, the checker site, hosted by Equifax product TrustID, seems to be telling people at random they may have been affected by the data… Read More

Equifax stock tumbles 14% after credit score hack

 Credit score business Equifax revealed Thursday that 143 million people were compromised in a cyber attack. Social security numbers and other personally identifying information were accessed. And guess what, the stock market didn’t like it! The company lost about $2 billion in market cap Friday after tumbling nearly 14%.  Apparently, the company has known about the hack since July 29,… Read More

Crunch Report | So About That Equifax Hack

Crunch Report Equifax Today’s Stories  Here comes the class action lawsuit after Equifax’s massive hack FBI probes Uber’s use of software to target rival Lyft Facebook plans to spend up to $1B on original shows in 2018 Spotify is starting a music event as Apple ends its music festival Credits Written and Hosted by: Anthony Ha Filmed by: Luke Miller Edited by: Joe Zolnoski Notes: Tito Hamze is… Read More

Equifax says it won’t bar consumers from joining breach-related lawsuits

 Equifax, which yesterday announced an enormous breach, will not require consumers to forfeit their right to join a class action lawsuit in order to receive credit protection. The company clarified the forced arbitration clause in its terms of service after outcry by consumer advocates, including NY Attorney General Eric Schneiderman, who called the requirement “unacceptable and… Read More