We focus on the latest news surrounding data breaches, leaks and hacks plus daily internet security articles.
Equifax made history when it was hacked. Personal information belonging to an eye-watering 146 million people in the US, UK and Canada was at the centre of the breach.
The incident caused massive outrage as the hack was performed by exploiting a known vulnerability that Equifax failed to patch up. Affected consumers were understandably shocked and angry by the violation of their data rights, some weren’t even aware Equifax were storing their information. All the anger and disappointment aside, the breach has a real life risk to those exposed. So, what can be done to protect them?
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The former Yahoo CEO and Equifax CEO were grilled over perceived failings surrounding two of the world’s largest data breaches in history.
Hackers easily got through both companies’ security systems and stole personal data belonging to millions of people. For two large organisations like Yahoo and Equifax, you’d think such breaches would never happen at all…
Both former company representatives reportedly started out by saying how they’d “changed” since the breaches, but they apparently also struggled when facing intense questioning.
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“On a scale of 1 to 10 in terms of risks to consumers, this is a 10” – says fraud analyst, Avivah Litan on the Equifax data hack.
It has been months since the Equifax hack, but calamity isn’t about to quieten down anytime soon as the hacking exposed confidential information belonging to some 145 million customers, including almost 700,000 in the U.K.
This particular breach is distinct to others because of the wealth of information stolen combined with the company’s somewhat questionable attempts to mitigate the damage…
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The gigantic Equifax data breach that saw 143 million U.S. customers have their sensitive credit information breached also affected 15.2 million U.K. records as well. There are thought to be some 700,000 U.K. victims of the breach who may have had their personal and sensitive information stolen.
Equifax has said they will reach out to victims by post to notify them of the data breach and offer free access to some form of data risk mitigation service.
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Former Equifax CEO Richard Smith’s retirement, just days before he was scheduled to testify over the huge data breach at court, has generated a lot of criticism. Although his resignation can be deemed as a positive reaction to the breach that reportedly exposed the details of some 143 million individuals, prosecutors are condemning it as not enough to make up for the “travesty”.
It’s thought that some 209,000 credit card numbers were compromised in the breach, with some belonging to U.K. customers. Reports suggest that Smith will be “keeping $18 million in pension benefits and possibly $30 million in stock options.”
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EasyJet admits data of nine million hacked
British Airways data breach: How to claim up to £6,000 compensation
Are you owed £5,000 for the Virgin Media data breach?
Virgin Media faces £4.5 BILLION in compensation payouts
BA customers given final deadline to claim compensation for data breach
Shoppers slam Morrisons after loyalty points stolen
Half a million customers can sue BA over huge data breach
Lawyers accuse BA of 'swerving responsibility' for data breach
The biggest data breaches of 2020
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