In the News
An inspector general is looking into Treasury Secretary Steven T. Mnuchin's request for a U.S. military plane for his European honeymoon in August, triggering new questions about his use of government aircraft following a controversial trip with his wife to Kentucky during the solar eclipse.
On September 7, 2017, Equifax, one of the three large credit reporting bureaus, announced a cybersecurity incident impacting approximately 143 million U.S. consumers. According to Equifax, the breach occurred mid-May through July 2017. Equifax learned of the cybersecurity event on July 29th, but waited until September 7th to address the public.
The massive breach of credit rating firm Equifax is attracting scrutiny from government officials across the country.
Lawmakers from both parties have expressed concern over the hack, which could have left vulnerable sensitive personal information for as many as 143 million people.
The New York, Pennsylvania and Illinois attorneys general have announced formal investigations into the hack.
Officials are alarmed by the scope of the breach as well as Equifax's terms of service which forces individuals to waive their right to a class-action lawsuit.
Nearly half the US woke up Friday to find out their Social Security number might have been stolen, thanks to hackers who breached the database of a top credit monitoring service.
Equifax is one of three major credit monitoring companies, which victims of data breaches typically turn to for protection. Now, a breach at the company has exposed the Social Security numbers, names, addresses and birth dates of up to 143 million people in the US alone. Folks in Canada and the UK have also been affected.
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.
NEW YORK —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.
Since the massive data breach at Equifax Inc. was disclosed late Thursday (see our blog here), the news has only gotten worse for the Atlanta-based credit monitoring agency. Here's a brief chronological recap of what we know so far:
The country is grapping with the disclosure by credit monitoring firm Equifax that hackers accessed personal information on as many as 143 million U.S. consumers.