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The seven most colossal data breaches of 2017 - Malwarebytes Labs | Malwarebytes Labs
If it seems like the words “leak,” “compromised data,” and “breach” are constantly in the news, it’s not just you. The frequency of major data breaches is increasing. According to the Identity Theft Resource Center, the number of breaches is expected to top 1,500 in 2017. That’s a 37 percent annual increase over 2016, which itself was a record year for exposed personal data.
But while most data breaches are small and contained, this year saw a handful of spectacularly bad security fails. Here are the most massive sets of compromised data and data breaches of 2017.
1. Equifax
Let’s start with the Mother of All Breaches.
Equifax, one of the four major credit reporting agencies, revealed in September that cybercriminals had penetrated their network. The breach exposed the data of 143 million Americans—basically, every single adult in the country. Exposed information included names, social security numbers, birthdates, addresses and, in some instances, driver’s license numbers.
It gets worse. Credit card numbers for about 209,000 consumers and documents related to credit reporting disputes for 182,000 people were also exposed.
In response, Equifax offered a suite of identity theft protection services to all Americans, regardless of whether they were impacted or not. The services, which include up to $1 million in ID theft insurance and social security number monitoring, are free for anyone who signs up by January 31, 2018. (Though we doubt the efficacy of these identity theft protection services and don’t recommend people purchase them.)
breach  credit_report  data  equifax  hack  identity_theft  privacy  security 
2 days ago by rgl7194
123 Million Americans Exposed In New Massive Leak
A new cloud storage misconfiguration has exposed millions of Americans’ personally identifiable information (PII), almost matching the scale of the infamous Equifax incident.
data-breach  equifax  leak 
8 days ago by Adventure_Web
RT : thought they had dodged the bullet because it was their vendor- doesn't work that way.…
Equifax  Experian  from twitter
22 days ago by kcarruthers
Why the State of Surveillance in Schools Might Lead to the Next Disaster via…
Equifax  from twitter_favs
7 weeks ago by douglevin
Equifax’s Instructions Are Confusing. Here’s What to Do Now. - The New York Times
A great explainer on what steps should be taken to protect your credit in the aftermath of the Equifax breach.
privacy  security  equifax 
8 weeks ago by irace
Me on the Equifax Breach - Schneier on Security
Testimony and Statement for the Record of Bruce Schneier
Fellow and Lecturer, Belfer Center for Science and International Affairs, Harvard Kennedy School
Fellow, Berkman Center for Internet and Society at Harvard Law School
Hearing on "Securing Consumers' Credit Data in the Age of Digital Commerce"
Before the
Subcommittee on Digital Commerce and Consumer Protection
Committee on Energy and Commerce
United States House of Representatives
1 November 2017
2125 Rayburn House Office Building
Washington, DC 20515
breach  data  equifax  identity_theft  privacy  security  gov2.0  congress 
8 weeks ago by rgl7194
This Time, Facebook Is Sharing Its Employees’ Data
Some of the biggest companies turn over their workers’ most personal information to the troubled credit reporting agency Equifax.
Users of Facebook are accustomed to trading personal data for convenience. Until 2031, Facebook Inc. is on privacy probation by the U.S. Federal Trade Commission, because, the FTC said in 2011, the company “deceived consumers by telling them they could keep their information on Facebook private, and then repeatedly allowed it to be shared and made public.”
Still, through a little-known arrangement, Facebook Inc. routinely shares the sensitive income and employment data of its U.S.-based employees with the Work Number database, owned by Equifax Workforce Solutions. Yes, that Equifax.
equifax  breach  data  identity_theft  privacy  security  jobs  money 
9 weeks ago by rgl7194
How to Opt Out of Equifax Revealing Your Salary History — Krebs on Security
A KrebsOnSecurity series on how easy big-three credit bureau Equifax makes it to get detailed salary history data on tens of millions of Americans apparently inspired a deeper dive on the subject by Fast Company, which examined how this Equifax division has been one of the company’s best investments. In this post, I’ll show you how to opt out of yet another Equifax service that makes money at the expense of your privacy.
My original report showed how the salary history for tens of millions of employees at some of the world’s largest corporations was available to anyone armed with an employee’s Social Security number and date of birth — information that was stolen on 145.5 million Americans in the recent breach at Equifax.
Equifax took down their salary portal — a service from the company’s Workforce Solutions division known as The Work Number (formerly “TALX“) — just a few hours after my story went live on Oct. 8. The company explained that the site was being disabled for routine maintenance, but Equifax didn’t fully reopen the portal until Nov. 2, following the addition of unspecified “security improvements.”
Fast Company writer Joel Winston’s story examines how some 70,000 companies — including Amazon, AT&T, Facebook, Microsoft, Oracle, Twitter and Wal-Mart — actually pay Equifax to collect, organize, and re-sell their employees’ personal income information and work history.
equifax  breach  data  identity_theft  privacy  security  krebs  jobs  money 
9 weeks ago by rgl7194
Hack Cost Equifax Only $87.5 Million — for Now
During an earnings call detailing the Q3 2017 financial results, Equifax execs said the company incurred $87.5 million in expenses related to the massive data breach it suffered earlier in the year and which it publicly disclosed in September 2017.
Broken down, Q3 2017 hack-related expenses show that the company spent $55.5 million in product costs, $17.1 million incident response and other professional fees, and $14.9 million in customer support.
Equifax management also said they expect additional costs from the massive hack announced this September to amount to a sum between $56 million and $110 million in the coming months. These costs don't include class-action lawsuits, many brewing in many states.
All of these costs come from a security breach Equifax announced on September 7. The company said a hacker managed to steal the personal and financial details of over 145.5 million Americans, and a few other hundred thousand British and Canadian citizens.
breach  data  equifax  identity_theft  money  privacy  security 
9 weeks ago by rgl7194
Equifax faces hundreds of class-action lawsuits and an SEC subpoena over the way it handled its data breach - The Washington Post
Equifax, the credit reporting firm, is facing more than 240 class-action lawsuits from consumers — in addition to suits from shareholders and financial institutions — over the way it handled a massive data breach that affected 145.5 million Americans.
The lawsuits were detailed in the company's third-quarter earnings report Thursday, its first since revealing the breach in September. The incident prompted three top officials to leave the company, including former chief executive Richard Smith.
breach  data  equifax  identity_theft  privacy  security  legal  gov2.0 
9 weeks ago by rgl7194

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