Items Tagged with 'data breach'

ARTICLES

  • 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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  • Richey May launches cybersecurity services

    Information security expert John-Thomas Gaietto will serve as executive director
    Accounting and advisory firm Richey May announced Thursday it launched a cybersecurity services practice, Richey May Technology Solutions, to help lenders and servicers protect themselves against online fraud and data attacks. The company also announced John-Thomas Gaietto, an information security expert, will serve as the service's executive director.
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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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  • Equifax upgrades its digital security system

    Announces partnership with Entersekt
    Equifax announced Thursday it is creating some changes to its digital security system through its new integration with Entersekt, a push-based authentication and mobile app security company. Here’s everything you need to know about the new partnership.
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  • House Democrats push Equifax to provide more protection for data breach victims

    Want Equifax to provide three years of identify theft protection
    In the wake of the massive data breach that exposed the personal information of 145.5 million U.S. consumers to hackers, Equifax offered to provide a number of services to the affected consumers, including one year of identity theft protection. But, in the eyes of all 19 Democrats on the House Committee on Oversight and Government Reform, Equifax is not doing enough to make those consumers whole again.
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