Articles about equifax

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Equifax Q3 results: Not as bad as you might have hoped – hack only cost biz about $87m

Equifax's latest financials lay bare the costly fallout from the embarrassing security breach that exposed 143 million customers' privates in the US and 15.2 million records in the UK. Calendar Q3 numbers for the three months ended 30 September - the latter being the same month the company 'fessed up to the mega leak - include …
Richard Priday, 10 Nov 2017
Mayer

Marissa! Mayer! pulled! out! of! retirement! to! explain! Yahoo! hack! to! Senators!

Poor Marissa Mayer. After selling off Yahoo! and floating away on her golden parachute, she must have been looking for a nice rest. But US Congress wanted her to explain how every single user account on the portal got hacked. On Wednesday, she testified before the Senate Committee on Commerce, Science, and Transportation on …
Iain Thomson, 8 Nov 2017
all clear

Equifax execs sold shares before mega-hack reveal. All above board – Equifax probe

Senior Equifax executives sold their shares in the credit agency just before its stock price plunged when the world was told it had been thoroughly hacked. The US biz has since probed the transactions, and you'll all be extremely pleased to learn of that investigation's conclusion: there was no wrongdoing, nothing untoward, …
Iain Thomson, 3 Nov 2017
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Punctual as ever, Equifax starts snail-mailing affected Brits about mega-breach

UK financial service regulators only learned of this year's Equifax mega-breach through media reports. The admission comes in correspondence from the Financial Conduct Authority (FCA) released by Treasury Committee on Tuesday. A letter from the FCA to Nicky Morgan MP, chair of the Treasury Committee, confirms that the …
John Leyden, 1 Nov 2017

UK financial regulator confirms it is probing Equifax mega-breach

UK financial service regulators have launched an investigation into Equifax over its handling of the recent mega-breach. In a brief statement on Tuesday, the Financial Conduct Authority (FCA), which could fine the firm or revoke its right to operate in the UK, said it was "investigating the circumstances surrounding a …
John Leyden, 24 Oct 2017

IRS tax bods tell Americans to chill out about Equifax

The United States Internal Revenue Service has said that citizens affected by the Equifax breach need not panic, because it probably didn't reveal anything that hasn't already been stolen and the agency has tooled up to deal with fraudulent tax claims. Commissioner John Koskinen, discussing whether the breach would interfere …
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Boring Barracuda says sales are going swimmingly – again

It's getting predictable. Barracuda has posted yet another year-on-year revenue rise with yet another small profit. Boring is good, though, right? For the three months to August 31 this year, its second fiscal 2018 quarter, the California-based outfit recorded revenues of $94.3m, up seven per cent from last years's $87.9mn and …
Chris Mellor, 13 Oct 2017

UK Treasury Committee chairman calls on Equifax to answer for breach omnishambles

Equifax may soon face the wrath of UK politicians after the chairman of the country's House of Commons Treasury Committee demanded answers from the firm over its handling of its recent data breach. Nicky Morgan MP has written to the chief executive of Equifax Limited asking for further details about the scale of the breach, …
John Leyden, 12 Oct 2017
laugh

Equifax: About those 400,000 UK records we lost? It's now 15.2M. Yes, M for MEELLLION

Updated Last month, US credit score agency Equifax admitted the personal data for just under 400,000 UK accounts was slurped by hackers raiding its database. On Tuesday this week, it upped that number ever-so-slightly to 15.2 million. In true buck-passing fashion, at the time of writing, Equifax hadn't even released a public statement …
Iain Thomson, 10 Oct 2017
Fake moustache disguise

Sole Equifax security worker at fault for failed patch, says former CEO

Recently-and-forcibly-retired Equifax CEO Rick Smith has laid the blame for his credit-check biz's IT security breach on a single member of the company's security team. In testimony on Tuesday before a US House subcommittee on consumer protection, Smith explained that Equifax has a protocol whereby news of important software …

White House plan to nuke social security numbers is backed by Equifax's ex-top boss

White House cybersecurity coordinator Rob Joyce has won the backing of Equifax's ex-CEO for a plan to stop using social security numbers as personal identifiers in the US. We have no idea of Joyce's opinion of the endorsement, but what we do know is that he floated the notion in a speech given to a Washington Post-sponsored …

Nothing matters any more... Now hapless Equifax bags $7.5m IT contract with US taxmen

Shortly after we all learned of a massive security breach at Equifax in which the personal information of 143 million 145.5 million Americans and sundry Brits and Canadians was plundered by hackers, the US Internal Revenue Service awarded Equifax a no-bid contract – to provide identity verification services for the tax authority …
Iain Thomson, 3 Oct 2017
Epic Fail

Equifax couldn't find or patch vulnerable Struts implementations

Equifax was just as much of a trash-fire as it looked: the company saw the Apache Struts 2 vulnerability warning, failed to patch its systems, and held back a public announcement for weeks for fear of “copycat” attacks. Those Infosec for Absolute Dummies tips were made official by ex-CEO Richard Smith, by way of evidence …

Oracle corrals and patches Struts 2 vulnerabilities

Oracle has stepped outside its usual quarterly security fix cycle to address the latest Apache Struts 2 vulnerability. Ever since it emerged at the start of September, CVE-2017-9805 has been (in the words of a former Australian prime minister) “a shiver looking for a spine to crawl up”, because so many vendors use Apache to …

Equifax CEO falls on his sword weeks after credit biz admits mega-breach

Equifax's chairman and chief exec today resigned, weeks after the consumer credit reporting agency admitted a massive security breach. Richard Smith, who "retires" with immediate effect, has joined a growing list of senior people that exited Equifax in the wake of the mega leak that affected in excess of 100 million consumers …
John Leyden, 26 Sep 2017
Image: Seinfield. Credit: NBC.

Equifax fooled again! Blundering credit biz directs hack attack victims to parody site

You'd have thought that Equifax staff would be on their toes ever since the megahack that exposed the private data of over 143 million Americans but the corporation's social media certainly haven't got the message. When news of the hack was published on September 7, over a month after its scale had been discovered, Equifax set …
Iain Thomson, 21 Sep 2017
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Equifax's disastrous Struts patching blunder: THOUSANDS of other orgs did it too

Thousands of companies may be susceptible to the same type of hack that recently struck Equifax. The Equifax breach was the result of a vulnerable Apache Struts component. Software automation vendor Sonatype warns that 3,054 organisations downloaded the same Struts2 component exploited in the Equifax hack in the last 12 months …
John Leyden, 20 Sep 2017
Humiliation banishment ostracism

Equifax's IT leaders 'retire' as company says it knew about the bug that brought it down

Equifax's chief information officer and chief security officer “are retiring” and the company has admitted it knew Apache Struts needed patching in March, but looks to have fluffed attempts to secure the software. The retirements and more details about the company's mega-breach are revealed in a new entry to …
Simon Sharwood, 17 Sep 2017

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