Security News

Report: Equifax to Pay $700 Million in Breach Settlement
2019-07-22 10:57

The Wall Street Journal says Equifax will pay around $700 million to settle with the Federal Trade Commission over a 2017 data breach that exposed Social Security numbers and other private...

Ex-Equifax CIO Gets 4-Month Prison Term for Insider Trading
2019-06-28 15:33

Prosecutors Say Jun Ying Sold Stock Before Data Breach Was Made PublicA former Equifax CIO who sold his stock in the company after learning about its 2017 data breach several months before the...

Former Equifax Executive Gets 4 Months for Insider Trading
2019-06-28 04:58

A former Equifax executive who sold stock a week and a half before the company announced a massive data breach was sentenced Thursday to serve four months in federal prison for insider trading. read more

GAO: After Equifax Breach, KBA No Longer Effective
2019-06-17 21:03

New Report Calls for Other Methods of Authentication at Federal AgenciesSome federal agencies inappropriately continue to rely on knowledge-based authentication to prevent fraud and abuse even...

Moody's Changes Equifax's Outlook to 'Negative'
2019-05-24 19:18

First Time a Data Breach Triggers a Moody's Financial Outlook ChangeMoody's has changed its financial outlook for Equifax to "negative" from "stable," reflecting concerns about how the credit...

Moody's Downgrades Equifax Outlook to Negative Over 2017 Data Breach
2019-05-23 12:04

Moody's has revised its Equifax outlook from stable to negative, citing the effect of the 2017 data breach. This is the first time that a cybersecurity incident has resulted in a Moody's outlook...

Equifax's Data Breach Costs Hit $1.4 Billion
2019-05-13 12:33

Massive 2017 Breach Continues to Bite the Credit Reporting Giant's Bottom LineEquifax has reported a loss in its latest quarter due to ongoing incident response, legal, investigative and corporate...

We dunno what's worse: Hackers ransacked Citrix for FIVE months, or that Equifax was picked to help mop up the mess
2019-05-02 09:12

Hardly reassuring on any level Back in March, remote desktop specialist Citrix admitted hackers had romped through its core systems, and had purloined internal business documents. Now we're...

Another Scathing Equifax Post-Breach Report
2019-04-12 10:03

The latest edition of the ISMG Security Report features an update on a congressional report that slams Equifax for lacking a strong cybersecurity culture. Also featured: A new study on the status...

Congressional Report Rips Equifax for Weak Security
2019-04-08 21:03

Senate Panel Says Company Lacked Strong Security Culture Before Massive Data BreachThe lack of a strong security culture at Equifax - especially compared its two main competitors - was a key...