Last thread boards.Sup Forums.org/pol/thread/141164377/equifax-data-breach#bottom >Equifax faces at least 23 proposed class-action lawsuits since its disclosure that personal identifying information for 143 million U.S. consumers may have been compromised by a massive cyberbreach. > "Equifax probably injured 143 million people, which is kind of a record," said John Coffee, a Columbia Law School professor and director of the school's Center on Corporate Governance. Although the extent of the damage hasn't yet been determined, "with 143 million people it doesn't surprise me there are already 23 suits," said Coffee. >The company said it discovered the intrusion on July 29, but it first disclosed the attack publicly on Sept. 7, after engaging an independent cybersecurity firm to conduct a forensic assessment and provide recommendations to toughen electronic security safeguards. >Equifax organizes and analyzes data on more than 820 million consumers and more than 91 million businesses worldwide. The company's databases hold employee data submitted by more than 7,100 employers. >The company separately drew legal criticism from New York Attorney General Eric Schneiderman's office over an implication that those who registered for TrustedID would waive their rights to pursue class-action lawsuits and instead would have to pursue legal claims through arbitration.
>The data stolen in the Equifax hack is extremely valuable to cyberthieves. All that information packaged together sells for upwards of $30 per identity on online black markets, according to Mark Nunnikhoven, head of cloud research for cybersecurity firm Trend Micro. >If a data thief took out a prescription using your identity, that goes on your medical record. That could seriously screw up your ability to get treatment at a hospital or from your pharmacy, particularly if the fraudster obtained medicine that counteracts with yours. >More sinister cybercriminals could use that data to pin crimes on you, according to Eva Velasquez, CEO of the Identity Theft Resource Center, a nonprofit that assists fraud victims. >If someone gets a driver's license in your name and runs a red light or gets a speeding ticket, you're on the hook. The criminal's not going to pay it -- and soon enough there could be a warrant out for your arrest. >The earlier you get a jump on cleaning up the mess the better. But most people don't find out about fraud until it becomes a roadblock for them, according to Velasquez. That means you could have to provide months or years of information to clear your name. >Equifax already waited six weeks to tell the world about the hack -- that gave hackers a six-week jump on all of us, Nunnikhoven noted.
I appreciate your concern. I don't share it personally, but have a bump anyway.
Dylan Stewart
What's disturbing is that some of you immediately bumped that deleted blacked thread
Gabriel Evans
How are you impervious ? Inb4 I never used a credit card
Hudson Miller
...
Kevin Richardson
...
Henry Hill
how much money do they think we will get from the settlement?
Elijah Bennett
Probably peanuts
Easton Wood
I'm not impervious, I'm just not really concerned. I'm aware I could be totally fucked by this, but I also might not be. I'll go through the steps I need to in order to fix things, but I'm not going to blare the alarm like you're doing. Not the end of the world, even if it is (in terms of scale) a big fuckin deal.
Chase Richardson
wtf I have equifax now
Angel Rivera
Trump is a time traveler
Caleb Rivera
Well I envy your level of apathy, but think you lack foresight. the magnitude of this breach is alarming and being prepared and alert is the best thing one can do. taking a lax approach to this simply is just inserting the Vaseline for the upcoming rape
Aiden Jones
...
Ethan Young
what the fuck
Alexander Davis
And what about those fucking pigs that delayed the release of that information for months so the executives could sell their stocks off in time? I'm frothing at the fucking mouth over this. People should be killed for that.
Alexander Richardson
...
Jackson Edwards
>credit is shit anyways Feels good man
Xavier Wright
>use equifax literally like a month before the leak for gits and shiggles.
RIP my SSN
Hudson Russell
...
Jacob Brown
To be fair, that is illegal since that would be equivalent to insider trading. Not like they'll get anywhere NEAR a proper punishment for it, but they'll likely be charged at least somewhat (most likely just a formality though).
Such is the way of law for Jews.
Gavin Robinson
Jesus fuck why cant thes hackers do something useful like wipe out people's credit debt?
Any hacker that does that would be a hero.
Lucas Garcia
...
Brayden Phillips
Good I hopefully this creates mayhem. Our current systems are shit and need to fall.
Carson Foster
Because this was probably a government (ours/deepstate, or foreign) hack. If not, that's probably the entity that will end up with the information.
Jose Murphy
I can't remember when there was "24 hour coverage" of a storm before and figured they were trying to devert and deflect away from something; equifax is it. God, I fucking hate the financial service industry. Every day you hear about mistakes and missteps but no one.goes.to jail no one gets fired. They'll get fined, yes, but to the.tune of a day's services charges to customers. They should all be roasted over an open fire.
Jaxon Hill
>A host of state and federal authorities as well as politicians have stepped in to investigate. Credit bureaus like Equifax are lightly regulated compared to other parts of the financial system. Expect more scrutiny from regulators over the credit bureaus.
>The chairmen of at least two U.S. House committees say they want to hold hearings. Like the Wells Fargo sales scandal, the Equifax breach is causing bipartisan outrage and concern, but there has been no talk of any new laws to further regulate the industry. Several state attorneys general have also said they would investigate, which could result in fines at the state level.
>Lastly the Consumer Financial Protection Bureau, the nation's watchdog entity for financial issues, says it has the authority to investigate the data breach, and fine and sanction Equifax if warranted.
>Company executives are also under scrutiny, after it was found that three Equifax executives sold shares worth a combined $1.8 million just a few days after the company discovered the breach, according to documents filed with securities regulators. Equifax said the three executives "had no knowledge that an intrusion had occurred at the time they sold their shares."
>Given the seriousness of the breach, there are worries about the long-term future of the company. The sole purpose of why Equifax and the other credit bureaus exist is to be a secure storehouse of crucial financial information. Equifax failed at that.
>The stock has fallen more than 25 percent since Thursday and the company is meeting with investors this week in New York in hopes to contain the fallout.
This is a very serious issue. I don't know why it's not being talked about more. Black dicks and shit are more important, I guess.
Carson Ward
>The credit bureau system is broken, and it’s been broken for a long time. The entire concept of a breach — hackers stealing corporate-held data for identity theft — is the result of a failed identity model that’s long outlived its usefulness. It’s easy to point to Equifax as the problem, and its poor handling of the breach (and possible insider trading) certainly doesn’t help. But the problem is bigger than any single company. In a world flooded with information, we’re still relying on a tiny set of sensitive data to protect us from fraud, and putting the burden on the average consumer when that data leaks out. We treat data as private when it’s already been exposed in breach after breach. This system has reached its breaking point. It’s time to burn it all down and start over.
>Even worse, all this information is generally being shared without your consent. The three big credit bureaus — Equifax, TransUnion, and Experian — see their customers as the businesses checking people out, not the people themselves. They’re worried about keeping banks and car dealers happy, but the targets themselves are an afterthought. As a result, even basic inaccuracies can persist for years, bouncing between the three major bureaus. (Convincing credit bureaus that you’re not dead, for instance, is much harder than you think.) There have been a few regulations aimed at fixing that — most notably the Fair Credit Reporting Act — but it’s still an extremely clunky system, and the average consumer has little awareness or control over their own profile.
Also, how big would the file for this leak be? Lets assume it's json data.. And that the information is JUST name, ssn, address, phone number, email, and drivers license number... That could easily be 30-60kb on its own (and that probably wasn't the only information)...
At the very least, we're talking about a MINIMUM of 4TB of data.... But, there was probably more data than what was mentioned, so the size of data could be exponentially larger.
Hunter Powell
>That could easily be 30-60kb on its own You mean bytes, right?
Eli Kelly
>The SECURE Act would also make it easier for consumers to interpret their credit reports by giving them information on who sees their credit scores and explaining how banks and other institutions use their scores.
>The lawmakers say the proposed legislation would also make credit reporting agencies more transparent for consumers, who often have little information on who collects their data and how it’s being used.
>The legislation additionally calls for the Government Accountability Office to conduct a study on the impacts and costs of creating a national credit reporting system.
>“This is one of several important steps Congress can take in the wake of the Equifax cybersecurity breach,” said Schatz. “Because these credit agencies operate in the dark, they are allowed to be terribly unfair and unaccountable.”
You're right, depending on the formatting, the starting size is 250-300b
Brayden Nguyen
Bump
Charles Morales
>The entire concept of a breach — hackers stealing corporate-held data for identity theft — is the result of a failed identity model that’s long outlived its usefulness.
it's a result of poorly written software and poor access control.
Thomas Butler
Bump
Jacob Rogers
Fuck off Faxberg,
People should be calling for all the executives and IT at that company to hang.at the very least the company should be liquidated and the revenue shared among the affected. There have to be consequences. Especially after the insider trading
Henry Smith
Bump
Noah Smith
Bump
Ayden Sullivan
bump
Gabriel Long
I use lifelock am I a retard?
Camden Nelson
No, it can help Bump
Jack Bennett
Three branches become one.
The three major credit bureaus become one major entity.
David Johnson
I'm surprised how little talk this is getting on Sup Forums. I don't know if it's dedicated shills sliding it but here we have something really corrupt happening in our country. This is such a high level of betrayal this organization deserves to be dismantled by the hands of hard working Americans.
Joseph Lopez
This Nu/pol/ is obsessed with memes. This obviously is not meme candy like le hurricanes, interracial bait and trap bait.
Bump because even if I can inform a few, my autistic persistence was worth it
Pic related, this boards new population
Ryan Anderson
Fuck off
Jackson Young
Honestly, I feel like the government should handle credit history.
The IRS actually has to pay money to these credit bureaus to do identity checks.
Nationalize the three credit bureaus into one government run one that allows free credit history checks 24/7 instead of just once a year under the current system.
Levi Ross
wheres the data? has anyone seen or posted a source for the database?
Daniel Collins
This shit is actually worth using weaponized autism on. I'm standing by to help keep this on people's mind. I'm improving my life every day and I'm always looking for a chance to help out my fellow kin. We helped meme a president into office but really making our country great again involves handing together like men and policing these parasites from our country. The fire needs to rise again.
Joseph Green
Bump.
Nicholas Morales
Filled out all my forms required for a small claims suit in my state. Shitty part is they're incorporated in another county so I have to drive an hour to file it in their court.
Claimed 5,000 USD in damages. Let's hope they settle
Not letting this shit slide Bump for great justice
Levi Davis
Good shit my man. We need to take the system back and turn in on (((them)))
Levi Butler
What were the grounds you stated for your suit, out of curiosity.
Evan Jackson
>$30 per identity on online black markets What? Damn. Is it really a $4.3billion hack? I mean, that's just the identities. Probably way more due to the damage to Equifax and whatever it'll cost to fix it.
Are we talking like $10b? $15b? $30b dollar hack? Like equal to the Hurricane Harvey damage level here?
I mean, now that I think about it...
That's pretty bad...
David Torres
>47 bumps for interracial porn that was just deleted
This board needs a cleansing
James Stewart
bhirwbiuuiber kitten
Jackson Johnson
Violation of consumer rights under the Fair Credit Reporting Act of 1970 and for compensation for having to pay for an identity theft monitoring service for the rest of my life.
John Rogers
wait till you're being chased for debt some cunt racked up in your name. then times that by a lot of people and it's a major shitshow.
Blake Foster
Not my problem
Charles Hughes
>still believes equifax about anything Go back to sleep little lamb
David Edwards
Names for those two bitches?
Mason Bell
You dont understand, my 536 credit score wont finance a paper bag
Carson Ross
I wouldn't put too much stock in that. I tested several made up names and numbers and got back varying responses. Some names I made up said i was affected with a last name like xghfds. Some names I entered said I was not affected. Unless they changed something try it yourself and see
Zachary Roberts
By clicking that button you're waiving your right to join a class action. Free money is free money. You're a retard.
Evan Sullivan
>said John Coffee, a Columbia Law School professor We wuz professorz
Jayden Garcia
I read some articles today, I think it was in CNET, where they said the same thing, they tested it with a bunch of names and basically said don't believe it.
This. If someone steals my SSN and manages to use it for anything, I'd just like to know how they did it so I can do it too.
Yea same here, I'm not worried about them taking out any loans. But the other stuff is scary like >If someone gets a driver's license in your name and runs a red light or gets a speeding ticket, you're on the hook. The criminal's not going to pay it -- and soon enough there could be a warrant out for your arrest.
Although I suppose that isn't very likely.
Nathan Gutierrez
...
Brody Garcia
all i did was check, i didnt enroll
Julian Nguyen
>first target leaked by info >then someone hacked into military base databases and got my info from a job i had as a contractor for two years >then my healthcare got hacked a couple months ago >now this
fucking end it all. i should have a lifetime subscription to all those "credit watch" services that they give you for a year after you were hacked.
Colton Sullivan
Even the antifa and leftist shills should be concerned here. They are just as fucked as we are.
Jaxon Ward
I imagine they will settle. It's not worth it for them to have to pay someone to go to court to represent them.
My dad ended up doing something similar years ago, basically someone was coming after a really old debt and he said he wasn't obligated to pay it, took them to court and they never showed, so he won the judgment. If it's not a really big amount of money, it's honestly cheaper for them to just settle with you. I think my pops did it all based on stuff he read online.
Sebastian Lewis
tax filing fraud is a big risk too. don't know how much that would affect you but its a big thing now. with ssn's people can file your taxes to steal your return
Adrian Adams
>allows free credit history checks 24/7 instead of just once a year under the current system.
Wasn't the once a year a Bush thing? I don't even think they had to give you a free one once a year in the past.
Caleb Gonzalez
Only we know about this. Total media silence.
Colton Evans
This is a very good time to replace social security numbers or even create a new national ID that bans anybody but the government from using it and could also serve as a national voting ID.
Surely, Congress would do something since even they got affected, right?
Or did they get new social security numbers already just by requesting it?
Charles Morgan
>$30 per identity on online black markets
Not even, full dumps are so cheap now, this info will probably sell for $3-$4 a pop.
Gabriel Moore
Because that's only possible in sci-fi.
Giving yourself a copy of information is a gazillion times easier than somehow destroying every existing digital and hard copy of said information.
Justin Hill
even with that credit rating I think you can get loans around $500. rack up a few through different companies in your name you don't know about, let the interest grow as "you" haven't been paying it off.
Angel Sullivan
Nah. They'd need access to your W2s, and the IRS isn't going to send a refund to PayPal, or in iTunes cards. It will only be sent to a bank account, which can be traced, or via check, which will be cashed at a bank with video cameras.
Tax returns really aren't something to worry about.
Jace Gray
>If someone gets a driver's license in your name and runs a red light or gets a speeding ticket, you're on the hook. The criminal's not going to pay it -- and soon enough there could be a warrant out for your arrest. >Although I suppose that isn't very likely.
They would need a birth certificate in your name to actually get a legit license with their picture and your info.
(Although, when I went to get a copy of my birth certificate a long time ago when I got my passport, I think it's possible you can get a copy with just a photo ID (that could be fake))
If they present a fake ID to a cop with their picture and your name and DL#, the cop will know because a picture of you will pop up.
It's unlikely, but I suppose it's possible. I think the real thing to be worried about is tax fraud. Or if someone decides to use your SSN to work illegally (i.e. Mexicans), then the govt shows you had a ton of extra income that you never paid taxes on, and you're going to be on the phone for 6 months trying to sort that out.
Alexander Cruz
and a lot of people are dumb and can easily be found online now by searching a name, age and address. then you got a picture and sorted
Bentley Cox
It can happen if you don't have any W2's. When Obama introduced the whole "Earned Income Credit" thing (gibs for people who don't make shit) I remember being in jail and people were giving their SSN's to a guy whose wife would "do their taxes" (i.e. file for EIC, say you're unemployed) and then they'd split the money with the people. The other thing you'd have to worry about is someone using your SSN to work under. Shit, even just having companies check your credit will ding your credit, so even if someone just gets your info and tries to open 10 different cards, even if they all get denied, it's still gonna hurt your credit.
Austin Reyes
You good sir, are a scholar and gentleman. I tip my fedora to you.
Sebastian Jenkins
the current system allows fraud to thrive. The whole credit system is just the most blatant usury. even if you're smart and manage money well, your credit score actually DROPs if you pay off debt too fast to avoid interest. The fact that we have to pay a company for our own information is beyond fucked. Their security director is some music major diversity hire. these companies are the gatekeepers to the whole (((system))). This is something nationalists should rally against. Even libshits would join our cause on this one
Cameron Smith
Didn't a few of the Equifax execs dump a couple million $ worth of stocks right before they went public with the breach? Libs would jump on that quick, they hate anyone who works in an office and wears a suit.
Jack Phillips
They claimed that they didn't know and it was a coincidence. We'll see what the SEC and the FBI says.
Tyler Hernandez
I don't see what the big deal is. I mean, if someone fucks with my identity, who cares. I know that I didn't do it. What, is the government going to lock me up for something I clearly didn't do? Nah.
Ayden Harris
fortunately, the story broke before the MSM had a chance to get the narrative. the SEC will make an example of them.
it's too widespread
Carson Allen
say goodbye to your SSN used to verify credit or anything else important, bitches. national ID is up next, that's the goal.
Lincoln Clark
>What, is the government going to lock me up for something I clearly didn't do? Obviously not, but you're going to have a more difficult time in the future if you want to apply for loans or do anything that requires a credit check.
Cooper Parker
Because of the amount of people involved I bet you can get a pretty high average considering how many public figures of power you can find.
I'm used to getting full dumps with my CCs but this is a little bit different imho.
Robert Stewart
>BUT HEY, KEEP PAYING ATTENTION TO RICK AND MORTY, HURRICANES AND BIBIS FAGGOT SON POSTING LE EPIC Sup Forums MEMES
