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Hey let's go visit the Ceos that sold their equifax stocks

Dlbiininja

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Hey let's go visit the Ceos that sold their equifax stocks
« on: September 07, 2017, 09:12:46 PM »
Before they announced the data breach. 

http://abcnews.go.com/Technology/wireStory/equifax-data-143-million-americans-exposed-hack-49688279

"Credit monitoring company Equifax has been hit by a high-tech heist that exposed the Social Securitynumbers and other sensitive information about 143 million Americans. Now the unwitting victims have to worry about the threat of having their identities stolen.

The Atlanta-based company, one of three major U.S. credit bureaus, said Thursday that "criminals" exploited a U.S. website application to access files between mid-May and July of this year.

The theft obtained consumers' names, Social Security numbers, birth dates, addresses and, in some cases, driver's license numbers. The purloined data can be enough for crooks to hijack the identities of people whose credentials were stolen through no fault of their own, potentially wreaking havoc on their lives. Equifax said its core credit-reporting databases don't appear to have been breached.

"On a scale of one to 10, this is a 10 in terms of potential identity theft," said Gartner security analyst Avivah Litan. "Credit bureaus keep so much data about us that affects almost everything we do."

Lenders rely on the information collected by the credit bureaus to help them decide whether to approve financing for homes, cars and credit cards. Credit checks are even sometimes done by employers when deciding whom to hire for a job."


Equifax's stock dropped 13 percent to $124.10 in extended trading after its announcement of the breach.

Three Equifax executives insulated themselves from that downturn by selling shares worth a combined $1.8 million just a few days after the company discovered it had been hacked, according to documents filed with securities regulators.

The sales, executed on August 1 and August 2, were made by: John Gamble, Equifax's chief financial officer; Rodolfo Ploder, Equifax's president of workforce solutions; and Joseph Loughran, Equifax's president of U.S. information solutions. Bloomberg News first reported the divestitures.



"This breach might just have put the nail in the coffin of the idea that we can use personal identifiers like Social Security numbers as security factors," wrote Gleicher, who now oversees cybersecurity strategy for computer security firm Illumio.

In addition to the personal information stolen in its breach, Equifax said the credit card numbers for about 209,000 U.S. consumers were also taken, as were "certain dispute documents" containing personal information for approximately 182,000 U.S. individuals.

Equifax warned that hackers also may have some "limited personal information" about British and Canadian residents. The company doesn't believe that consumers from any other countries were affected.



The company established a website, https://www.equifaxsecurity2017.com/ , where people can check to see if their personal information may have been stolen. Consumers can also call 866-447-7559 for more information. Experian is also offering free credit monitoring to all U.S. consumers for a year.
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Master

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #1 on: September 07, 2017, 11:00:27 PM »
Le sigh...
9 outta 10 Masters are Master.

NeoGreenLantern

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #2 on: September 08, 2017, 03:23:57 PM »
http://money.cnn.com/2017/09/08/technology/equifax-monitoring-services/index.html

if you sign up for the free ID protection with Equifax you lose the right to sue unless you send a written letter within 30 days.

NeoGreenLantern

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #3 on: September 08, 2017, 03:59:37 PM »
So far a bunch of people I know checked and I am the only one that got a message saying they weren't compromised.

Dlbiininja

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #4 on: September 08, 2017, 06:22:12 PM »
http://money.cnn.com/2017/09/08/technology/equifax-monitoring-services/index.html

if you sign up for the free ID protection with Equifax you lose the right to sue unless you send a written letter within 30 days.

ROFLMAO!  Fuck them.  Thanks for finding this.  I'm definitely spreading this about. 
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NeoGreenLantern

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #5 on: September 09, 2017, 09:38:58 AM »
So I read an article where the guy put in "test" and "123456789" and it came back saying they might be compromised so the whole system might be borked.

Dlbiininja

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #6 on: September 09, 2017, 11:17:00 AM »
http://money.cnn.com/2017/09/08/technology/equifax-monitoring-services/index.html

if you sign up for the free ID protection with Equifax you lose the right to sue unless you send a written letter within 30 days.

Looks like this has been reversed.  Even without a letter.

http://thehill.com/blogs/blog-briefing-room/news/349899-equifax-wont-bar-consumers-from-joining-lawsuits-related-to

From the NY AG.

https://twitter.com/AGSchneiderman/status/906195350532304896

"Eric Schneiderman 

✔@AGSchneiderman

This language is unacceptable and unenforceable. My staff has already contacted@Equifax to demand that they remove it.https://twitter.com/zackwhittaker/status/906178254331142144 …"

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NeoGreenLantern

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #9 on: September 14, 2017, 02:18:18 PM »
So Equifax's Argentina decision was "hacked" because they had easily accessible database with the username admin and the password admin. Also the exploit for the American data breach was an Apache bug that had a patch released two months before the hack but Equifax never ran the fix.

Dlbiininja

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #10 on: September 14, 2017, 05:17:45 PM »
Fucking idiots!   >:( >:( >:(

Something as simple as an update would have prevented the fucking problem.

Heard you can sue them on my local news as well.  Couldn't find those details on their website.
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NeoGreenLantern

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #11 on: September 15, 2017, 01:40:12 PM »
Here is the thing. This isn't a one off issue. So many companies do this all the time. Unless its a modern tech company like google, paypal, or Amazon, then the company is probably dragging their feet on cyber security. Its not even a money thing either. Its more of a change issue. These companies don't want to stay up with it because the people making the decisions find this confusing or they hired half ass developers.


Dlbiininja

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Re: Hey let's go visit the Ceos that sold their equifax stocks
« Reply #13 on: October 02, 2017, 05:13:37 PM »
 Meanwhile the drama continues for equifax.

 BREAKING: Equifax says 2.5 million more US customers potentially impacted by data breach, bringing total to 145.5 million.

https://mobile.twitter.com/AP/status/914958427050397696

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