Equifax is reportedly paying out about $700 million to settle US data breach probes
The 2017 Equifax data breach at the company affected more than 143 million people worldwide
SEC says that companies not tightening cybersecurity could be violating federal law
Public companies that fail to tighten their cybersecurity controls could be violating federal law says SEC.
Govt accepts National Housing Bank chief Sriram Kalyanaraman's resignation; to probe alleged misconduct
Kalyanaraman was appointed as MD and CEO for a period of five years in 2015.
Cyberattackers claim to have stolen data of 90,000 customers of two major Canadian banks
A spokesman for the bank said it believed that less than 50,000 of the bank’s 8 million customers across Canada were hacked.
Twitter urges users to change their account passwords after a glitch made some of them readable in plain text
A person familiar with the Twitter's response said the number was “substantial” and that they were exposed for “several months.”
US court rules that Equifax can be sued for data breach which exposed personal details of about 147 million people
The lawsuit alleged that Equifax should have known by March 2017 that a security vulnerability existed in computer code but it failed to patch or upgrade its software.
Aadhaar data breach: UIDAI must address privacy concerns urgently; simply denying leak not enough
Asserting the technical security of the Aadhaar card and the safety of the biometric data alone as a response to privacy allegations is not enough.
Understanding the Data Protection White Paper Part XI: Establishing proper deterrent consequences for privacy violations
Lack of deterrent consequences is one of the key reasons why India’s current IT Act and Rules have failed to protect privacy
Uber reveals cover up of a data breach in 2016, which compromised the information of 57 million accounts
According to Uber's statement, the 2016 incident revealed names, phone numbers and email addresses of about 50 million users across the world to hackers.
Yahoo and Equifax to testify before US senate panel on 8 November regarding the two data breaches
Equifax disclosed in September that the data breach affected as many as 145.5 million U.S. consumers, and Smith has testified on the issue before three committees.
Malaysia launches a probe to investigate an alleged attempt to sell data of more than 46 million mobile subscribers
Customers of Malaysia’s biggest mobile service providers, including Maxis, Axiata Group’s Celcom and DiGi, among others, were affected.
UK market watchdog opens up an investigation into the Equifax hack
Equifax has said that 15.2 million records on British citizens were involved in the breach, including sensitive data on 693,665 individuals.
Credit card applications and purchases likely to be authenticated by selfies in the future
The announcement comes at a time when personal information on 145.5 million Americans was recently accessed or stolen from the credit bureau Equifax.
Equifax claries that its system is not compromised; third-party vendors are running malicious code on the website
Equifax said it has removed the vendor’s code from the web page, which was taken offline so the company can conduct further analysis.
Equifax Inc's hacked accounts count rises to 145.5 mn; CEO admits that company took months to patch vulnerability
Equifax said late Monday that an outside review determined about 2.5 million additional US consumers were potentially impacted - total rising to 145.5 million
Bankers concerned over consumer reactions to Equifax hack; fear hit to credit card businesses
US lenders are concerned their consumer loan and credit card businesses could be stymied if most people freeze their credit reports post-Equifax hack.
Departing Equifax CEO Richard Smith forgoes bonus after criticism mounts over massive data breach
Smith’s departure is the latest development after Equifax’s 7 Sep. disclosure of the breach prompted investigations by multiple federal and state agencies.
Equifax CEO to retire following the data breach that leaked personal details of millions of US citizens
Equifax Inc said on Tuesday its Chief Executive Officer Richard Smith will retire following a massive data breach in US.
SEC chairman to face tough hearing after the agency acknowledges that it was hacked
Jay Clayton, who has been at the head of the SEC since May, is not likely to face calls for his removal since the breach happened a year ago.
Equifax data breach: Probe reveals that consumer records were compromised as early as March
Equifax shares have shed almost a third of their value since the disclosure of the breach. Critics have questioned why Equifax took so long to discover and disclose the breach.