Your credit score affects whether you can get a loan — and how much you’ll have to pay to borrow money. People with low credit scores often have to pay more. So when a company says they’ll help you pay your way to a higher credit score, you might be tempted to listen. But don’t […]
If Kavanaugh maintains his position and finds four colleagues to join him, it is hard to see how any of the decisions the agency has made over almost a decade could stand. For instance, the CFPB has helped to reduce high late-fees on credit cards, undisclosed credit card fees and sharp interest rate hikes. It has also […]
The company claims to have scraped more than 3 billion photos from the internet, including photos from popular social media platforms like Facebook, Instagram, Twitter and YouTube. The firm garnered controversy in January after a New York Times investigation revealed that Clearview AI’s technology allowed law enforcement agencies to use its technology to match photos […]
KrebsOnSecurity has long maintained that the 2017 breach at Equifax was not the work of financially-motivated identity thieves, as there has been exactly zero evidence to date that anything close to the size of the data cache stolen from that incident has shown up for sale in the cybercrime underground. However, readers should understand that […]
More than one-third, or 37%, also said they have already maxed out their credit card and 14% said they have maxed it out more than once. WalletHub polled more than 700 people in January. Still, most Americans continue to take on ever-increasing amounts of debt. According to data from the Federal Reserve, the U.S. surpassed […]
We all know about the Equifax breach of 2017. But what about the smaller breach in 2015 of another of the Big Three national credit bureaus, Experian? https://www.theguardian.com/business/2015/oct/01/experian-hack-t-mobile-credit-checks-personal-information
“That said, the indictment does not detract from the myriad of vulnerabilities and process deficiencies that we saw in Equifax’s systems and response to the hack. A company in the business of collecting and retaining massive amounts of Americans’ sensitive personal information must act with the utmost care – and face any consequences that arise […]
Using the personal data of millions of Americans against their will is certainly alarming. But what’s the difference between the Chinese government stealing all that information and a data broker amassing it legally without user consent and selling it on the open market? Both are predatory practices to invade privacy for insights and strategic leverage. Yes, […]
After the initial breach was announced on September 7, 2017, law enforcement officials and investigators turned their attention to China’s military. This was due in part to the fact that the Equifax data has never been found for sale on underground internet forums that usually involve the trade in this type of data to criminals […]
It would not surprise me if a victim of tax ID theft would also need to deal with credit theft. Consumers can check their credit reports regularly for accounts that do not belong to them. https://www.consumer.ftc.gov/blog/2020/02/tax-identity-theft-awareness-week-starts-today?utm_source=govdelivery All this week, the FTC and its partners will host free events to share information about recognizing, avoiding and […]