Okay, so you don’t really have a choice in this one. This is a little different than say giving your data to Facebook or Twitter. With social media, you can choose not to play. With the credit bureaus, you are not the customer, you are the pawn in the game. Okay, so what did Experian […]
Continue reading → [DISPLAY_ACURAX_ICONS]Remember the Equifax breach a few years ago? Almost 150 million people were affected. Now its competitor is under the microscope. The class action microscope. A class action has been filed that says that Experian did little to prevent account takeovers by bad guys. The suit, quoting Brian Krebs’ blog (yes, really), says that hackers […]
Continue reading → [DISPLAY_ACURAX_ICONS]T-Mobile and Experian both announced that an Experian database containing credit application data for prospective T-Mobile customers (people who applied to finance a new phone or new phone service) between September 2013 and September 2015 was accessed by hackers. T-Mobile outsources their credit application process to Experian, which is typical, and that is where the […]
Continue reading → [DISPLAY_ACURAX_ICONS]I often quote the statistic that Experian promotes that 60 percent of small and medium businesses that suffer a cyber security breach go out of business within 6 months. That is a pretty sobering number. However, First Data reports two amazing statistics – First, they say that 90 percent of the data breaches impact small […]
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