September 2017

ArkansasOnline: Hacking whacks stock at Equifax

Shares of Equifax Inc. fell almost 14 percent Friday, a day after the company announced that hackers had gained access to names, addresses, Social Security numbers and some driver's license numbers of potentially 143 million consumers.

One of the three biggest credit-reporting companies, Equifax generated $3.1 billion in revenue last year operating behind the scenes helping banks, insurers and employers assess people's creditworthiness for loans, jobs and credit cards.

WXII 12: Here's everything you need to know about the Equifax data breach

A huge security breach at credit reporting company Equifax has exposed sensitive information, such as Social Security numbers and addresses, of up to 143 million Americans.

Unlike other data breaches, those affected by the breach may not even know they're customers of the company.

Equifax is one of three nationwide credit-reporting agencies that track and rate the financial history of consumers. The company gets its data from credit card companies, banks, retailers and lenders -- sometimes without you knowing.

Bloomberg BNA: Massive Equifax Cyberattack May Push Congress on Breach Notice Law

The massive cyberattack against Equifax Inc. that compromised highly sensitive data on over 40 percent of the U.S. population may push Congress to pass a national data breach notification law, but a quick fix is unlikely, cybersecurity professionals and attorneys told Bloomberg BNA.

House committees, including Judiciary, Financial Services, and Energy and Commerce, announced Sept. 8 they will hold hearings in the near future on the breach and whether to adopt a federal notice law.

Daily Bruin: Panel of immigration lawyers, university staff discuss Trump ending DACA

Immigration lawyers and university staff discussed the impact of President Donald Trump’s decision to end a program that deferred deportationfor thousands of undocumented individuals at a panel Thursday.

On Tuesday, Trump ended Deferred Action for Childhood Arrivals, a program enacted by former President Barack Obama in 2012 that deferred deportations for undocumented individuals brought to the United States as children. The program helped thousands of undocumented individuals receive work permits, open bank accounts and obtain driver’s licenses in certain states.

The Hill: Dem calls for Judiciary investigation into Equifax hack

Rep. Ted Lieu (D-Calif.) sent a letter Friday to the House Judiciary committee's leadership asking for an investigation into the Equifax data breach. 

"In light of recent events, I request the Committee call upon representatives from the “Big Three” credit reporting agencies — Experian, TransUnion, and Equifax — to testify not only on the breach that occurred in May 2017, but also to identify how each company is taking proactive, defensive steps to prevent such breaches in the future," wrote Lieu.

Yahoo News: Equifax Data for Sale on Black Market? New York Attorney General Investigating

Newsweek." data-reactid="22" type="text">New York state’s attorney general will probe the huge data breach at Equifax, one of the U.S.’s three major credit reporting agencies, to determine when and how the company learned of the attack and to find out whether customer information has been offered for sale on the black market, a source familiar with the investigation tells Newsweek.

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