But buried within its business-like announcement of the indictment of four Chinese military hackers, there is the following statement, which has huge implications for privacy: For years, we have witnessed China’s voracious appetite for the personal data of Americans, including the theft of personnel records from the U.S. Office of Personnel Management, the intrusion into Marriott hotels, and Anthem health insurance company, and now the wholesale theft of credit and other information from Equifax.
Shackelford noted that the growing use of cloud-based data storage services run by the likes of Google and Amazon makes encryption more accessible to smaller companies.
Three lawmakers — Democratic senators Ron Wyden and Elizabeth Warren, and Republican senator Rand Paul — have sent letters to Equifax, Experian, and TransUnion, expressing their “alarm” as to why the credit giants have failed to disclose the number of government demands for consumer data they receive.
Frank, a lawyer who specializes in class-action suits, told me this week that only 3 percent of the people who get class-action emails actually respond.
apparently too many people signed up and now the FTC is helping Equifax by telling people not to ask for money from the company any more. First, though, the good: all 147 million people can ask for and get free credit monitoring.
Given the number of data breaches and privacy violations in recent years involving companies from Equifax EFX, -0.67% to Facebook FB, -0.77%, some people might only be surprised if their personal data was not hacked, said Britt Siedentopf, vice president of services at Global Asset, a cybersecurity and IT support firm in the Dallas, Texas metro area.
"You can still choose the cash option on the claim form," notes the agency, "but you will be disappointed with the amount you receive and you won’t get the free credit monitoring.". WATCH: How to get free money or credit monitoring from the Equifax data breach.
But the likelihood that you’ll actually get a check for $125 is increasingly slim — because the more people who sign up, the less money each person gets. As developer Rufo Sanchez notes on Twitter, the fine print shows that after $31 million worth of people sign up for those $125 checks...
In September of 2017, Equifax announced a data breach that exposed the personal information of 147 million people. If your information was exposed in the data breach , you can file a claim at for the benefits described below.
Equifax Inc. has agreed to pay at least $575 million, and potentially up to $700 million, as part of a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau (CFPB), and 50 U.S. states and territories, which alleged that the credit reporting company’s failure to take reasonable steps to secure its network led to a data breach in 2017 that affected approximately 147 million people.
to protect the safety of stations, airports, shopping streets, houses and school roads," ignores the threats created by giant databases of highly personal information that have proven, as in the cases of Equifax, Mariott, and Yahoo among others, to be poorly secured soft targets that can be VAAK's valorous talk of using their technology to analyze "suspicious activity, dangerous behavior, annoying behavior, etc.
Ignite is marketed as a “revolutionary portfolio of premier data and advanced analytics solutions.” Equifax claims that the product aims to offer companies specialised data, so they can “pinpoint specific risk groups, target audiences and more.” Under all of this lingo lies a striking reality: the personal data of millions of people outside of the European Union might be on the databases Equifax is selling to its customers, many of them without any legal safeguards in regard to its use.
They argued they have spent extra time and money in the aftermath of the hack: responding to the compromise of the credit reporting system, and the leak of personal information they rely on for their business; on assessing the impact of the breach; and on mitigating what they say is a substantial risk of future fraudulent activity.
The House Committee recommended that Equifax "provide more transparency to consumers" about data use and security practices and reduce the use of social security numbers as identifiers, longstanding priorities of EPIC.
Privacy International has filed complaints against 7 data brokers (Acxiom, Oracle), ad-tech companies (Criteo, Quantcast, Tapad), and credit referencing agencies (Equifax, Experian) with data protection authorities in France, Ireland, and the UK.
As Facebook, Google and Amazon become the internet, I’m worried that there is no opt out. Much like how I can’t opt out of Equifax yet still have to worry about the consequences of their ineptitude, we’re all stuck with these companies.