Items Tagged with 'data breach'

ARTICLES

  • More executive changes at Equifax: Former interim CEO to lead U.S. information business

    Paulino do Rego Barros will take over U.S. Information Solutions division
    It’s been a bit of a revolving door amongst senior management at Equifax ever since the massive data breach that exposed the personal information of nearly 148 million U.S. consumers to hackers was first disclosed. And it looks like the company isn't done making changes yet.
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  • Feds arrest 8 more in ongoing action against hackers targeting wire transfers

    Africa-based conspiracy defrauded U.S. citizens and companies out of $15 million
    For the second time this month, federal authorities have arrested a number of people who allegedly participated in schemes designed to intercept and hijack wire transfers from businesses and individuals, including those involving real estate transactions. This week, eight more people were arrested for participating in a widespread, Africa-based conspiracy that allegedly defrauded U.S. citizens and companies out of $15 million over the last several years.
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  • Another former Equifax employee charged with insider trading

    SEC charges former manager for dumping stock before data breach announcement
    On Thursday, the Securities and Exchange Commission announced insider trader charges against a former Equifax manager for dumping stock prior to the company’s announcement of a data breach that exposed the data of more than 143 million American consumers to hackers.
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  • Equifax taps former IBM executive Bryson Koehler to lead technology efforts

    Will serve as chief technology officer
    Equifax is continuing to reshape its leadership in the wake of the massive data breach that exposed the personal information of nearly 148 million U.S. consumers to hackers. Back in February, Equifax added a new chief information security officer, replacing one of the executives who left after the breach. Now, the company is adding another executive to help move the company forward.
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  • Cybersecurity experts: Data breaches are a matter of when, not if

    So you better be prepared
    To hear several cybersecurity experts tell it, data breaches are all but inevitable at every company, no matter how small they may be. The only choice for companies, at this point, is to be prepared for what’s coming. That was the message during the “Business Response to Cyber Risk” panel held Monday at the Mortgage Bankers Association’s Commercial/Multifamily Servicing and Technology Conference, which is going on right now in Miami.
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  • Equifax reveals how much information was really exposed in data breach

    How bad was Equifax’s data breach? Bad.
    For the first time, Equifax is revealing just how much personal data was exposed in the massive data breach that affected more than 148 million Americans. In a new filing with the SEC, the credit reporting agency broke down in detail the types of – and how much exactly – sensitive personal information was exposed to hackers in the breach. It's as bad as you think.
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  • WEI Mortgage becomes latest victim of data breach

    Employee’s email account accessed via phishing scheme
    Virginia-based WEI Mortgage disclosed this week that is the victim of a data breach that may have exposed the highly sensitive personal information of the lender’s customers. WEI Mortgage, which is a subsidiary of Arc Home, revealed Monday that it discovered in September 2017 that one of its employees was the victim of a phishing scheme, which ultimately gained access to the employee’s account and perhaps other accounts.
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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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