Article

2017-09-08 -Lurid Crime Tales-

Equifax Announces Data Breach Potentially Affecting 143 Million Americans

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by DarthVader 2017-09-08 09:19|| || Front Page|| [11130 views ] Top

#1 After working in IT for 20 years it is still surprising that major companies with sensitive data don't take the basic steps needed to secure things.

Most of the AARs of breaches come from not doing upgrades, sloppy design and outright negligence of the IT staff and management. In cases like this, these companies need to be sued into bankruptcy and driven out of business. Data is so valuable nowdays and it going into the wrong hands can fuck up the average person's life in an instant.

Think of it as binary gold and treat it as such, you fucking idiots. Maybe other dipshits will learn from your mistakes.

Posted by DarthVader 2017-09-08 09:23|| 2017-09-08 09:23|| Front Page Top

#2 They handle it as well as the engineers at Chernobyl. Take off the safeties to tinker with with it.

BTW, there are about 323 million Americans (not counting illegals).

Posted by Procopius2k 2017-09-08 10:21|| 2017-09-08 10:21|| Front Page Top

#3 Sink this incompetent dinosaur of a corporation with a MOACAS.

Mother Of All Class Action Suits,

Posted by Alaska Paul 2017-09-08 10:37|| 2017-09-08 10:37|| Front Page Top

#4 I went to the Equifax webpage dedicated to this subject. As of last night, 200,000+ individuals are known to be affected as the result of a forensic investigation nearing completion; all those affected will be emailed information, then provided the usual protections for those who have been hacked. Additionally, the FBI, etc. have been informed, and are presumably doing what they do.

I have not yet received an email.

Very stupid and dangerous, yes, but the headline is maximalist possibility on this thing.

Posted by trailing wife 2017-09-08 11:11|| 2017-09-08 11:11|| Front Page Top

#5 "Three Equifax Inc. senior executives sold shares worth almost $1.8 million in the days after the company discovered a security breach that may have compromised information on about 143 million U.S. consumers."

But, of course, it was a coincidence as they had no knowledge of the breach....right

Posted by Frank G 2017-09-08 11:17|| 2017-09-08 11:17|| Front Page Top

#6 And right before they announce the brdach and the stock drops 20 points. Looks like this woud fall under insider trading somehow.

Posted by chris 2017-09-08 11:48|| 2017-09-08 11:48|| Front Page Top

#7 Fortunately, I have no credit.

Posted by Skidmark 2017-09-08 13:14|| 2017-09-08 13:14|| Front Page Top

#8 So importing cheap foreign nationals to write your software really paid off eh American anti-American globalist leftist CEO pigs. Hows this paying off for you now? Lock em up.

Posted by Threatch Jeamp8135 2017-09-08 15:41|| 2017-09-08 15:41|| Front Page Top

#9 Equifax learned of the hack July 28th. So, they didn't tell anybody (*wink*) til NOW, AND to sign up for their free credit watch you have to sign away your right to sue them. I don't think that will fly

Posted by Frank G 2017-09-08 15:57|| 2017-09-08 15:57|| Front Page Top

#10 Government and private corporations are going to keep collecting information about us, and they will never be 100% proof against breaches like this. Already 10 years ago you could get anyone's SSN online. The situation hasn't improved, and it isn't going to improve. After all, since when is government or a large corporation an exemplar of competence?

I'd like to see Congress make it illegal to use a SSN for any non-government purpose. The credit bureaus, health providers, employers and everyone else can come up with their own unique identifiers. This provides at least 2 immediate benefits - a breach means your ID is blown with one provider, not all of them. Also, any private identifier can be changed, whereas changing an SSN is nearly impossible.

Perfect? No. Better than the status quo? Absolutely.

Posted by Iblis 2017-09-08 17:27|| 2017-09-08 17:27|| Front Page Top

#11 Iblis. That is the process some of the better credit card processing companies use. Your encripted card info goes to them during the initial part of a purchase only. After that a system assigned number is assigned and referenced until the transaction process is completed.

Posted by Threatch Jeamp8135 2017-09-08 18:29|| 2017-09-08 18:29|| Front Page Top

#12 When I was a young man and got a car loan or the like the banks would like to see assets (yours or others) sufficient to cover.
So a couple of titles copied and you had the loan.

This whole credit rating and listing all your debts and assets that Equifax, Transunion and the rest have been tracking is BS!

A potential creditor has no right to the knowledge of assets you don't wish to secure a loan with!

Plainly put: "It is none of their damn business!"

Also, when I was young, if you were in a business that handled peoples money or asset information you and your firm were required to be bonded for all possible damages.

Are Equifax, TransUnion and Experian bonded?

I kind of doubt it as bonding for 800,000,000 individuals per year would likely cost 2 trillion $ or more for an Internet based business like their with minimal bonding.

Posted by 3dc 2017-09-08 21:53|| 2017-09-08 21:53|| Front Page Top

22:17 3dc
22:15 3dc
22:10 Woozle and Company4485
21:53 3dc
20:28 Injun Bucket8891
20:02 Mike Kozlowski
18:33 Mike Kozlowski
18:29 Threatch Jeamp8135
17:48 Silentbrick
17:38 3dc
17:31 gorb
17:31 Seeking cure for ignorance
17:27 Iblis
17:22 Seeking cure for ignorance
17:16 charger
16:58 Sock Puppet of Doom
16:09 rjschwarz
16:08 phil_b
15:59 lord garth
15:57 g(r)omgoru
15:57 Frank G
15:55 g(r)omgoru
15:41 Threatch Jeamp8135
15:17 Procopius2k