Equifax
– Who Are They?
Equifax
Inc.
is a consumer
credit reporting agency.
Equifax collects and aggregates information on over 800 million
individual consumers and more than 88 million businesses worldwide.
What
Happened?
“Equifax Inc. (NYSE: EFX) today announced a cybersecurity incident potentially impacting approximately 143 million consumers. Criminals exploited a website application vulnerability to gain access to certain files. Based on the company's investigation, the unauthorized access occurred from mid-May through July 2017. The company has found no evidence of unauthorized activity on Equifax's core consumer or commercial credit reporting databases.”
An investigation by Equifax found that criminals had gained access to sensitive data from mid-May to July via a blind spot in their website software. The company claim to have discovered the intrusion on July 29, no further evidence of unauthorized activity has been uncovered since.
Information leaked included Social Security numbers and driver’s license numbers.
And
the News Gets Worse…
The
news has been made worse as a result of the revelation that three
Equifax Inc. senior executives sold stock prior to cyber hack being
revealed:
Three Equifax Inc. senior executives sold shares worth almost $1.8 million in the days after the company discovered a security breach that may have compromised information on about 143 million U.S. consumers.
Consequences
Respite for Equifax Victims?
Victims
have been advised to freeze their credit and monitor accounts for
unusual activity. The option of entering personal data (surname and
Social Security Number) into the Equifax website to check whether
your data was stolen is an option...
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