Equifax News

Report Says Record Number of Data Breach Notices Filed in New York in 2017

The New York Attorney General’s Office (NYAG) this year released a report outlining a record number of data breach notices filed with the office in 2017 – the highest since NYAG started receiving data breach notices in 2006. In the …

Equifax Sued by Australia’s Competition Regulator for Allegedly Misleading Consumers

Australia’s competition regulator said on Friday it was suing credit reporting company Equifax Pty Ltd, owned by U.S.-based Equifax Inc, alleging it misled consumers and used unfair tactics with people in financial hardship. The alleged consumer law breaches by Equifax’s …

What Insurance Companies Need to Know About Part 500 Cybersecurity Compliance

If there were any remaining doubts about the vulnerability of our online systems, they were dispelled in September when giant credit reporting company Equifax revealed it was breached in July by cyber criminals, compromising the personal identifiable information (PII) of …

Chicago Fililng Lawsuit in Massive Equifax Data Breach

The city of Chicago is suing the credit reporting company Equifax over a data breach that exposed personal information of about 143 million people. Mayor Rahm Emanuel’s office says the lawsuit accuses Equifax of violating Chicago’s consumer fraud ordinance and …

Massachusetts’ AG Healey Announces Data Breach Bill Following Equifax Hack

After bringing the nation’s first enforcement action against Equifax for its failure to protect the personal information of nearly three million Massachusetts residents, Attorney General Maura Healey announced updated legislation that will better protect consumers from data breaches. The new …

Deloitte Targeted by Hackers Accessing Data From Internal Email Platform

Following record results that flagged the growth of its cyber security business, Deloitte LLP has revealed that it has been successfully targeted by a cyber attack that let hackers access data from an internal email platform. The auditing and consulting …

New York’s Cuomo Proposes Regulation in Wake of Equifax Security Breach

In response to the recent cyberattack that exposed the personal private data of nearly 150 million consumers nationwide, New York Governor Andrew M. Cuomo has directed the New York Department of Financial Services (DFS) to issue new regulation making credit …

Filing of Lawsuits Against Equifax Over Data Breach Is Underway

More than 30 lawsuits have been filed in the United States against Equifax Inc. after the credit reporting company said thieves may have stolen personal information for 143 million Americans in one of the largest hackings ever. At least 25 …

Consumer Credit Agencies Agree to Address Errors, Medical Debt

Buying homes, getting jobs and borrowing money will be easier after an agreement by the three biggest U.S. consumer credit reporting services with New York. “This is huge,” Chi Chi Wu, an attorney at Boston-based National Consumer Law Center, said …

Oregon Judge Lops Big Chunk off $18.6M Jury Award

An Oregon woman who won nearly $19 million in a lawsuit against Equifax over credit reporting mistakes saw the jury award cut to less than $2 million last week by a federal judge in Portland. Judge Anna J. Brown reduced …