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Better Protect Against Fraud & Identity Theft – Cybersecurity … – Equifax

Checking your credit reports for information you don’t recognize, such as accounts opened in your name, can also help uncover potential identity theft or fraud. You can also help better protect your identity with Equifax Complete™, a credit monitoring product that allows you daily access to your Equifax credit report, alerts of key changes to …(1)

Cybersecurity: Lessons from Equifax data breach – CNBC

Sep 20, 2017The Equifax incident unambiguously refutes that way of looking at things: privacy depends on security, and vice versa. In the Equifax case, the privacy of 143 million customers was clearly …(2)

Cybersecurity: Lessons Learned from Equifax Data Breach

Equifax was, no doubt, aware of such threats, however, a proactive approach to cybersecurity can be the best strategy for safeguarding against these inevitable attackers. 3. A Layered, Defense-In-Depth Strategy Can Help. A layered, defense-in-depth strategy, such as the one LBMC’s Information Security ‘s team espouses, includes multiple …(3)

Equifax data breach FAQ: What happened, who was affected, what was the …

143 million: Number of consumers whose data was potentially affected by the breach. $125: The most you can expect to get in compensation if your data was exfiltrated from Equifax’s systems. $1.4 …(4)

Equifax, Cybersecurity & Foreign Actors – Diligent

In recent months, Equifax, in collaboration with the Federal Trade Commission, agreed to compensate victims of the breach in a $700 million settlement. The incident led to several congressional hearings. The agency’s CEO, Richard Smith, voluntarily resigned and left the company with over $90 million in salary, commission and other forms of …(5)

Cyber Security and the Equifax Breach: A Cautionary Tale for Executives …

Unless you’ve been hiding out under a rock for the last couple of weeks, you likely know by now about the Equifax data breach.The breach—which lasted from mid-May through July—allowed hackers to access some 143 million people’s names, social security numbers, birth dates, addresses and, in some instances, driver’s license numbers.(6)

How the Equifax hack happened, and what still needs to be done

Updated Sept. 7 at 4:54 a.m. PT: Added details about the Equifax breach. Security: Stay up-to-date on the latest in breaches, hacks, fixes and all those cybersecurity issues that keep you up at night.(7)

Equifax: The New Standard in Cybersecurity Settlements?

In the class action settlement, Equifax agreed to pay $380,500,000 into a fund for consumer redress and attorneys’ fees. Equifax also agreed to spend a minimum of $1 billion for data security over five years and to comply with a 22 point “Business Practices Commitment” incorporated in the settlement. Under the plan, Equifax agreed to:(8)

A Brief History Of Equifax Security Fails – Forbes

Sep 8, 2017Kevin Beaumont, a British security pro who’s spent 17 years helping protect businesses, found decade-old software in use: Equifax’s infrastructure is a weird mix of IBM WebSphere, Apache Struts …(9)

All the Ways Equifax Epically Bungled Its Breach Response

The technical details are still murky, but the incidents in March raise new questions about whether Equifax executives who sold almost $2 million in company stock in early August were aware of the …(10)

Equifax Data Breach Settlement Finalized – Lessons on Cyber Risk

Feb 9, 2022>> Equifax was #3 for SRC among cyber incidents in recent years after #1 US Office of Personnel Management at $ 1.17 billion (hack of PII announced in 2015, leading to payments to federal employees for privacy violations), #2 Facebook at $757 million (for settlement of the 201 0 lawsuit over facial recognition technology).(11)

What the Equifax Breach Taught Us About IT Security Strategy – FNTS

The attack on Equifax therefore, by its very nature, altered the cyber landscape. To recap the facts surrounding the Equifax breach… Hackers were able to access personal data of an estimated 145.5 million Equifax customers. Cybercriminals got names, Social Security numbers, birth dates, addresses, and driver’s license numbers.(12)

Cyber Breach Planning: Lessons From The Equifax Breach – Forbes

Apr 15, 2019The General Facts. On May 13, 2017, hackers breached Equifax Inc.’s software platform and accessed sensitive personal information of 143 million+ Equifax customers in the United States and …(13)

Equifax ex-CEO: ‘Both human error and tech failures’ in breach – CNET

Equifax didn’t live up to its responsibility to protect personal information on millions of people, Smith’s statement reads. “As CEO I was ultimately responsible for what happened on my watch.(14)

Equifax was Careless With Your Data – United States Cybersecurity Magazine

A Look Into Equifax Breach. Articles have appeared everywhere about the discoveries on Capitol Hill this week regarding the 2017 Equifax breach. The House report states Homeland Security warned Equifax about the flaws and vulnerabilities of the ‘Apache Struts’. ‘Apache Struts’ was a open source web browser that powered Equifax’s web …(15)

Boards Respond to Equifax as Defining Moment of Cybersecurity … – WSJ

The massive breach at Equifax Inc. created a defining moment for corporate boards struggling to oversee cybersecurity issues, technology and governance experts say.(16)

Equifax’s Security Overhaul, a Year After Its Epic Breach

A year ago this week, the credit bureau Equifax saw signs of a problem on its network. A really big problem. Hackers had entered the company’s systems, stealing the personal and financial data …(17)

Equifax Cybersecurity Failings Revealed Following Breach

The breach, the manner in which the company investigated the incident, and some of these security failings have led to a significant drop in Equifax shares. Before the hack was disclosed, Equifax stock was worth roughly $140, but it has now dropped to $92, and financial experts believe it could plunge as low as $50. The incident has already …(18)

Security | About Us | Equifax

Security. Equifax is committed to being an industry leader in security. That’s why we’ve undergone a multi-year transformation of our cybersecurity capabilities, backed by a $1.5 billion investment in security and technology. The New Equifax embeds security into everything we do – from our technology infrastructure, data fabric, and product …(19)

Equifax and cybersecurity – a deep dive – The ITAM Review

Equifax and cybersecurity – a deep dive. Equifax, one of the largest credit agencies in the US, was the subject of a hack in 2017 that left over 148 million consumers affected. It was known at the time that the cause was an unpatched Apache Struts (an open source framework for building Java web apps) server in the Equifax environment, but a …(20)

Excerpt Links

(1). Better Protect Against Fraud & Identity Theft – Cybersecurity … – Equifax
(2). Cybersecurity: Lessons from Equifax data breach – CNBC
(3). Cybersecurity: Lessons Learned from Equifax Data Breach
(4). Equifax data breach FAQ: What happened, who was affected, what was the …
(5). Equifax, Cybersecurity & Foreign Actors – Diligent
(6). Cyber Security and the Equifax Breach: A Cautionary Tale for Executives …
(7). How the Equifax hack happened, and what still needs to be done
(8). Equifax: The New Standard in Cybersecurity Settlements?
(9). A Brief History Of Equifax Security Fails – Forbes
(10). All the Ways Equifax Epically Bungled Its Breach Response
(11). Equifax Data Breach Settlement Finalized – Lessons on Cyber Risk
(12). What the Equifax Breach Taught Us About IT Security Strategy – FNTS
(13). Cyber Breach Planning: Lessons From The Equifax Breach – Forbes
(14). Equifax ex-CEO: ‘Both human error and tech failures’ in breach – CNET
(15). Equifax was Careless With Your Data – United States Cybersecurity Magazine
(16). Boards Respond to Equifax as Defining Moment of Cybersecurity … – WSJ
(17). Equifax’s Security Overhaul, a Year After Its Epic Breach
(18). Equifax Cybersecurity Failings Revealed Following Breach
(19). Security | About Us | Equifax
(20). Equifax and cybersecurity – a deep dive – The ITAM Review

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