Welcome To The Data Leak Lawyers Blog

Are victims of the Equifax data breach being looked after properly?

Are victims of the Equifax data breach being looked after properly? Some data suggests they’re not, and with an estimated 700,000 UK victims of the breach, Equifax must do as much as they can to ensure they look after the victims.

We are representing a large group of individuals who were affected by the breach, so if you are looking for advice about making a claim, we can help.

With personal and sensitive data compromised in a data breach, it’s imperative that victims are properly looked after by the organisation responsible for the breach. Are Equifax doing enough in this case?
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Serious risk facing Equifax breach victims from scammers and fraudsters!

There is a wealth of information already out there in the public domain about most people. From loads of information accessible by anyone on social media platforms, to the data we share with organisations who may then be passing it around (whether we’re aware or not), there is so much out there.

So, when we have a serious data protection breach like the Equifax hack, the risk for victims is massive. It’s not hard for scammers and fraudsters to be able to find more information online about the Equifax breach victims, meaning the risks are very hard to manage.
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Equifax data breach compensation success

It’s pleasing to see that some consumers have already had their cases heard and have been able to receive successful verdicts against the credit-referencing agency at the heart of last year’s huge data protection scandal.

Although Equifax reportedly turned up to court with some very expensive lawyers, a group of claimants managed to convince a judge that they had a case to answer for. This has all happened in America, where cases can often get to a trial much faster than they can here in the UK, but the news can be seen as potentially good news here as well.
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Fallout from the Equifax data protection breach lingers on as executive charged for selling shares prior to breach disclosure

If Equifax thought that news coverage of their huge data protection breach from last year was going away, they’re wrong.

We’re acting for a number of victims in the Equifax data breach after their servers were hacked into because they failed to update a known security soft spot, and detect the ongoing vulnerability. As a result of their clear failure to keep their systems updated, we consider there is a case for compensation.

Now, news of an Equifax executive being charged with “insider trading” has further fuelled the anger against the credit-monitoring giant whose servers were hacked last year.
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The pressure is piling on Equifax – our Data Leak Lawyers are still taking cases on

We’ve initiated our action against Equifax for victims of the Equifax data protection breach here in the UK. We’re now acting for many people affected by the data protection breach, but you can still join the action if you have yet to do so.

We’re confident there is a case to answer, but at the same time, more and more is coming out about the breach, and the pressure is piling on the credit-reference agency at the centre of the huge cyber-hack from 2017.
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Why we’re not surprised that the number of UK Equifax cyber-hack victims has grown again!

At first, Equifax indicated there were some 300,000 UK victims of the Equifax cyber-hack, which then grew to 400,000, and eventually almost 700,000.

Now, we know Equifax has sent out warning letters to more than 860,000 of their UK customers, and we expect our client numbers to grow as more people are potentially able to join our Equifax action and claim compensation.

That’s more than double the original estimation, but this kind of thing is not uncommon at all. In fact, it can be incredibly hard to know exactly how many people are affected by a cyber-hack initially, and in some cases, it can be hard to know the exact numbers at all.
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Equifax hit by colossal class action after data breach victims suffer financial fraud

According to multiple sources, a significant number of Equifax customers have been targeted by criminals after their personal information was stolen in the massive Equifax breach. Unwilling to take the hit for Equifax’s incompetence and negligence, many are bringing a major class action claim in the U.S. to recover their losses.

We’re representing a large number of people who have come forward to seek compensation for the Equifax breach here in the U.K. as well. We firmly believe that victims should be entitled to compensation in a case of this nature.
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Analysts expect Equifax to spend 2018 dealing with the aftermath of their huge data breach

Equifax’s recovery could be long and arduous after the gigantic data breach that saw around 143 million people have their confidential and personal information exposed.

Following the company’s attempts to clean up the mess, some believe that it may take much longer than expected to recuperate from the fallout of the breach. Unsurprisingly, one of the firm’s first actions was to follow the customary move of firing the CEO (with a cushy multi-million pension to boot) and hire a new one to take charge and sort out the problem. But when new CEO Paulino do Regos Barros Jr. was asked in a recent interview whether consumer data was now encrypted, many cringed when he was stumped and admitted: “I don’t know at this stage”.

Not the best start…
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Equifax takes financial hit following data breach scandal

Just like other companies who have suffered a publicised data breach, Equifax’s finances have reportedly taken a hit.

The credit-reporting agency enjoyed share prices at $146.26 in August 2017, but as soon as the breach was made public, the shares reportedly plummeted to just $92.98 in the following month.

Low third-quarter profits may reflect trust issues in the firm after Equifax suffered a data breach that exposed the sensitive information of over 145 million people, including thousands here in the U.K.

Our Data Leak Team are already acting for U.K. victims.
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Internet data hacking and compensation claims

The internet is a fundamental part of our lives. It connects us and provides us with access to the wealth of information this world has to offer.

However, when these figurative cyber portals are open, it’s important to realise it’s a two-way door…

With the rise of the digital age and the use of ever-advancing technology, cybercriminals have a far greater number of targets. Some criminals no longer need to plan a difficult and risky burglary to steal valuables from buildings; hackers can access bank account details for millions of people without leaving their desks!

And the problem is getting worse…
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