July 21, 2019
Equifax Nears $700M Settlement For Data Breach
The 2017 Equifax data hack affecting more than 143 million people worldwide will cost the company about $700 million. The credit reporting company is close to a deal to settle...
June 30, 2019
Equifax’s Ex-CIO Will Do Time For Insider Trading
The United States Department of Justice has announced that Jun Ying, the former Chief Information Officer (CIO) of Equifax U.S. Information Solutions, has been sentenced to federal prison for insider...
June 17, 2019
GAO: Post-Equifax, Agencies Must Tighten Online ID Proofing
After the massive Equifax data breach, a federal watchdog is warning the government against relying on credit agencies to verify the identifies of individuals using its services. A report from...
June 14, 2019
Fraudsters Find New Bank Stomping Grounds
The good news in the world of fighting fraud and cybercrime is that, by the numbers, the battle against the thieves has been shown to be tipping toward the white...
June 03, 2019
Millions Of Health Records Compromised In Quest Hack
Patient records numbering around 11.9 million were compromised and exposed in a data breach of an agency that collects money for Quest Diagnostics and UnitedHealth Group, according to a report...
May 23, 2019
Moody’s Lowers Equifax Rating After Cyberattack
Moody’s has lowered its rating outlook on Equifax due to cybersecurity issues. Moody’s lowered the credit monitoring company’s outlook from stable to negative on Wednesday (May 22) as Equifax continues...
May 14, 2019
Japan’s Uniqlo Hacked, 460K Accounts Compromised
Japan’s Fast Retailing, the company that owns the Uniqlo retail chain, said that data from upwards of 460,000 customer accounts was compromised by hackers from April 23 to May 10,...
May 13, 2019
G7 Prepares For Cross-Border Malware Simulation
Wolters Kluwer, which fell victim to a malware attack last week, sent a “quiet panic” through the accounting industry, with clients unable to access data and do their jobs. However,...
May 10, 2019
Equifax Takes $690M Q1 Charge For Data Breach
Equifax reported a 2 percent year-over-year revenue decline for the first quarter of 2019. It also announced the further costs it will be paying as the Atlanta-based credit reporting agency...