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Category Archives: Equifax

IRS Pulls Equifax Contract In “Precautionary Step”

And the hits just keep on coming… Until today's headlines indicating the possibility of another breach of Equifax's security, dip-buyers had been enjoying a few days' relief as analysts clammored to explain how one of the biggest cyberhacks of all time did nothing to hinder Equifax's business model. Tonight, they might just start questioning that […]

Yahoo Hacking Of 3 Billion Accounts Underlines Cyber Risk

Yahoo Hacking Of 3 Billion Accounts Underlines Cyber Risk – Yahoo admits every single one of 3 billion accounts hacked in 2013 data theft– Equifax hacking and security breach exposes half of the U.S. population– Some 143 million people vulnerable to identity theft– Deloitte hack compromised sensitive emails and client data– JP Morgan hacked and […]

Equifax CEO’s Parting Gift: An $18 Million Bonus

With Equifax shares having plunged by a third since the company announced a historic corporate cyber-breach, which released the personal records of over 143 million Americans to still unknown hackers, losing some $5 billion in market cap, today the company’s CEO was the latest rat to leave the sinking ship, a move which failed to […]

Equifax Accidentally Directs 200,000 Customers To Fake Phishing Website

zerohedge.com / by Tyler Durden / Sep 21, 2017 12:20 PM And the hits just keep coming for Equifax, the once-trusted credit-monitoring firm that has been embroiled in one of the biggest corporate public-relations disasters in recent memory since disclosing that hackers had penetrated its cyber security defenses and absconded with sensitive personal and financial data belonging to […]

The Equifax Hack Is The Most Disastrous Data Breach In History Because Now Hackers Have The Credit Information Of 143 Million Americans

This report was originally published by Michael Snyder at The Economic Collapse Talk about a nightmare. It is being reported that criminals were able to hack into Equifax and make off with the credit information of 143 million Americans. We are talking about names, Social Security numbers, dates of birth, home addresses and even driver’s license numbers. If […]

The Equifax Hack Is The Most Disastrous Data Breach In History Because Now Hackers Have The Credit Information Of 143 Million Americans

Talk about a nightmare.  It is being reported that criminals were able to hack into Equifax and make off with the credit information of 143 million Americans.  We are talking about names, Social Security numbers, dates of birth, home addresses and even driver’s license numbers.  If this data breach was an earthquake, we would be […]

The Subprime Auto Loan Meltdown Is Here

Uh oh – here we go again.  Do you remember the subprime mortgage meltdown during the last financial crisis?  Well, now a similar thing is happening with auto loans.  The auto industry has been doing better than many other areas of the economy in recent years, but this “mini-boom” was fueled in large part by […]

F Stands For Facebook: Presenting The New FICO Credit Score

zerohedge.com / by Tyler Durden on 08/07/2015 12:56 In April, we brought you the “FAKE-O” score or, as we delicately described it, “banks’ brilliant plan to lend to deadbeats.” The problem with FICO scores – or any other measure of creditworthiness where the model inputs are linked to payment history – is that they don’t […]

This is What We’ve Been Waiting for, the True Recovery of the American Economy

wolfstreet.com / by Wolf Richter • July 31, 2015 Consumers Finally “Getting on with Their Lives” as Credit-Card Debt Slaves: Equifax Equifax, which profits from the process when more people apply for credit and load up on debt, sees the miracles of the current economy this way: “American consumers continue to show signs they are recovering from the […]