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30 Jan 2022, 11:16 am
How increased online and electronic activity exposes congregations to new risks.Bobby Ross Jr.Last Reviewed: April 7, 2020For consumers, recent news stories are frightening—and increasingly familiar:A massive data breach involving the credit reporting agency Equifax exposed millions of Social Security numbers, driver’s license numbers, names, and dates of birth.The web service provider Yahoo acknowledged that a data breach touched 3 billion of its accounts—three times as… [read post]
13 Jan 2022, 6:20 am
Tatyana Bolton defends the agency, which released what can only be described as a regulatory blog post in response to the log4j vulnerability, invoking the $700 million in fines imposed on Equifax to threatening “to use its full legal authority to pursue companies that fail to take reasonable steps to protect consumer data from exposure as a result of Log4j. [read post]
12 Jan 2022, 2:09 pm
" Hmm, maybe Equifax should have pleaded inadequate resources and saved itself $700 million. [read post]
12 Jan 2022, 11:19 am
The warning references the FTC’s $700 million 2019 settlement with Equifax Inc., in which the FTC alleged among other things that the company’s failure to patch a known vulnerability contributed to exposure of millions of consumers’ personal information. [read post]
10 Jan 2022, 7:40 am
The plans of Equifax and TransUnion to include BPNL transactions in credit reports could lead to more reporting by BPNL companies. [read post]
6 Jan 2022, 11:11 am
According to the complaint in Equifax, a failure to patch a known vulnerability irreversibly exposed the personal information of 147 million consumers. [read post]
3 Jan 2022, 12:39 pm
The directors’ and officers’ liability environment is always changing, but 2021 was a particularly eventful year, with important consequences for the D&O insurance marketplace. [read post]
3 Jan 2022, 10:41 am
Credit Report Procedures That Must Be Followed Credit reporting agencies (CRAs) such as Experian, TransUnion, and Equifax have a legal obligation to establish and follow policies and procedures for gathering and reporting consumer information. [read post]
7 Dec 2021, 6:28 am
Danny: Hmmm Hmmm Tarah: Well, I don't know about you, but I'm one of the 143 million people that lost my personal information and credit history when Equifax decided not to patch a single vulnerability in their servers. [read post]
4 Nov 2021, 8:59 pm
In 2017, the data breach at Equifax resulted in a leak of 150 million people’s social security numbers. [read post]
18 Oct 2021, 2:14 am
Brian Matthews is Senior Vice President and General Manager of Insights, an Equifax company. [read post]
7 Oct 2021, 5:49 am
You can obtain a free credit report from one of the three major credit bureaus, Equifax, Experian, and TransUnion. [read post]
7 Oct 2021, 5:49 am
You can obtain a free credit report from one of the three major credit bureaus, Equifax, Experian, and TransUnion. [read post]
5 Oct 2021, 9:30 am
Credit reporting company Equifax was fined $100 million by the CFPB as part of a global settlement valued at $700 million to resolve claims related to its 2017 data breach. [read post]
27 Sep 2021, 12:16 pm
The Equifax settlement may stand as an example of a case in which the plaintiff was successful, but it is an example that may be understood more as an anomaly that as a representation of plaintiffs’ prospects in these kinds of cases. [read post]
20 Sep 2021, 1:18 pm
Similarly, Experian, Trans Union, Equifax, LexisNexis and others often refuse to remove inaccurate credit information relating to identity thefts. [read post]
23 Aug 2021, 6:10 am
The Securities and Exchange Commission’s (the “SEC”) very recent settled enforcement action against First American Financial Corporation (“FAF”), with an agreed-upon cease and desist order and a monetary penalty of almost $500,000 reaffirmed what we have been preaching —when it comes to the cybersecurity disclosures of public companies, the SEC is watching closely for compliance both under applicable disclosure law (the Securities and Exchange Act of 1934) and… [read post]
3 Aug 2021, 5:48 pm
Chase Bank’s repossession and the incorrect reporting of the consumer’s payment history by Chase, Equifax, Experian, and TransUnion led to a variety of other serious damages for the client, including increased costs of transportation. [read post]
3 Aug 2021, 2:48 am
Saini J also struck out Mr Warren’s claim in negligence, applying the principle established in Smeaton v Equifax [2013] 2 All ER 959 that there is no need to impose a tortious duty of care on a data controller where a bespoke statutory regime for determining their liability already exists. [read post]
9 Jul 2021, 12:00 pm
Note: The news about numerous unemployment fraud scams is because hacking rings are using credit data stolen from credit reporting agencies Experian and Equifax to spoof claimant identities. [read post]
