Items Tagged with 'credit reports'

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  • Equifax names new CEO as fallout from data breach continues

    Mark Begor will take over for Paulino do Rego Barros
    Equifax has found who it believes is the right person to lead the company into its next phase as the credit reporting agency continues to deal with the fallout from its massive data breach that exposed the personal information of nearly 148 million U.S. consumers to hackers. Equifax announced Wednesday that it is naming former GE executive Mark Begor as its next CEO.
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  • Equifax reveals 2.4 million more people were victims of data breach

    Additional names and partial driver’s license information stolen by hackers
    Equifax revealed Thursday that an additional 2.4 million people are victims of the company’s 2017 data breach. Initially, the company said the personal information of approximately 143 million people was stolen. Now, it turns out that the number of victims is actually closer to 148 million.
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  • 38 states call on Experian and TransUnion to drop credit freeze fees in wake of Equifax breach

    Some states already prohibit credit reporting agencies from charging freeze fees
    Equifax may be offering one year of credit file monitoring and identity theft protection in the wake of the credit reporting agency’s massive data breach, which exposed the personal information of 145.5 million consumers, but more than 75% of the states want the rest of the major credit reporting agencies to do more to protect consumers.
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  • Credit unions sue Equifax over massive data breach

    Want to recover anticipated costs of breach
    The number of battlefronts where Equifax will be forced to fight back in the wake of its massive data breach just grew, again. Now, the Credit Union National Association, a trade group that represents credit unions, is joining Massachusetts, San Francisco and Chicago in suing Equifax, on behalf of its members.
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  • Chicago becomes second major city to sue Equifax over data breach

    Follows San Francisco in suing credit reporting agency
    For the second time in two days, one of nation’s largest cities announced that it is suing Equifax over the credit reporting agency’s massive data breach, which led to the personal information of 143 million U.S. consumers being exposed. First it was the city of San Francisco, and now, Chicago is suing as well.
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  • Equifax CEO steps down after massive data breach

    "It is in the best interests of the company"
    The man in charge of the credit bureau that suffered a massive data breach that exposed the personal information of 143 million U.S. consumers to hackers is stepping down. As Equifax continues to deal with the impact of the breach, it announced CEO and Chairman of the Board Richard Smith, is retiring, effective today.
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  • Senate Democrats press FTC for review of data security at Experian, Transunion

    Prominent Senators ask FTC to ensure that consumers’ data is secure
    The Federal Trade Commission is already investigating the massive data breach at Equifax that exposed the personal information of 143 million U.S. consumers to hackers, but a number of top Democrats in the Senate want the agency to extend its investigation to the other big credit reporting agencies.
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  • New York Attorney General pushes Experian and Transunion for answers on cybersecurity

    Eric Schneiderman questions companies' security after Equifax breach
    New York Attorney General Eric Schneiderman is already investigating the massive data breach at Equifax that exposed the personal information of 143 million U.S. consumers. Now, New York’s top cop wants to make sure that a similar incident doesn’t take place at the other two of the big three credit reporting agencies – Experian and Transunion.
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  • Heads roll at Equifax: Chief information officer, chief security officer "retire" immediately

    Credit reporting agency execs depart in wake of massive security breach
    Heads have officially started rolling at Equifax. Last week, the credit reporting agency revealed a massive data breach that exposed the personal information of 143 million U.S. consumers to hackers. And now, two of the executives charged with the security of Equifax’s credit data are no longer employed by the company.
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