Capital One’s breach was inevitable, because we did nothing after Equifax

Capital One’s breach was inevitable, because we did nothing after Equifax

Another day, another massive data breach. This time it’s the financial giant and credit card issuer Capital One, which revealed on Monday a credit file breach affecting 100 million Americans and 6 million Canadians. Consumers and small businesses affected are those who obtained one of the company’s credit cards dating back to 2005. That includes […]

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FTC slaps Equifax with a fine of up to $700M for 2017 data breach

FTC slaps Equifax with a fine of up to $700M for 2017 data breach

Credit agency Equifax will pay up to $700 million in fines as part of a settlement with federal authorities over a data breach in 2017. The Federal Trade Commission said in a statement Monday that Equifax has agreed to initially pay at least $575 million in fines as part of the settlement with the federal […]

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After Equifax breach, US watchdog says agencies aren’t properly verifying identities

After Equifax breach, US watchdog says agencies aren’t properly verifying identities

A federal watchdog says the government should stop relying on the credit agencies to verify the identifies of those using government services. In a report out this week, the the Government Accountability Office said several government departments still rely on the credit agencies — Equifax, Experian and TransUnion — to check if a person is […]

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