We can’t let companies flout cyber security best practices and common sense, and we can no longer rely on Social Security numbers as a secure and discrete form of identification. Equifax hasn't shared its own cybersecurity practices, but it's fair to say even if they were indeed subpar, it'll likely survive this storm longterm, even while victims suffer.
It’s time for some changes.
Equifax, a company best known for helping us check our credit scores and protecting consumers from identity theft(!) announced Thursday that it suffered a massive hack impacting 143 million Americans, that's 44% of the population. The monumental security breach exposed millions and millions of personal data bits to hackers. Read more...More about Cybersecurity, Hack, Data Breach, Equifax, and Equifax Hack
"This is clearly a disappointing event for our company, and one that strikes at the heart of who we are and what we do. I apologize to consumers and our business customers for the concern and frustration this causes," said CEO Richard Smith in a statement. Read more...More about Hackers, Hacking, Banking, Hack, and Data Breach'>
U.S. District Judge Lucy Koh in San Jose, California made the ruling on Wednesday in a 93-page decision, declaring that affected victims certainly did have a right to go after Yahoo because, “All plaintiffs have alleged a risk of future identity theft, in addition to loss of value of their personal identification information." Read more...More about Yahoo, Verizon, Data Breach, Business, and Big Tech Companies