Identity Theft

Wednesday, February 13, 2019

The Equifax breach affecting nearly half of Americans was “entirely preventable”


The cyber attack at Equifax that compromised data for nearly half of all Americans was the result of rapid growth that boosted company’s share price but left the the consumer credit bureau’s IT systems dangerously exposed to hackers. The massive data breach, which took advantage of known security vulnerabilities, “was entirely preventable,” according to a US House of Representatives Read more . . .


Friday, January 25, 2019

Data Breach Exposes Millions of Loan Documents Online

More than 24 million financial and banking documents related to mortgages and other consumer loans were leaked online due to a server security lapse.

https://nationalmortgageprofessional.com/news/69821/data-breach-exposes-millions-loan-documents-online


Read more . . .


Monday, December 31, 2018

Wells Fargo to Pay States About $575 Million to Settle Customer Harm Claims


Latest settlement covers retail sales practices and auto-loan, mortgage charges

 

Read more . . .


Friday, November 30, 2018

Marriott says breach of Starwood guest database compromised info of up to 500 million


Marriott said it determined on Nov. 19 that the information was from its Starwood database.

"The company has not finished identifying duplicate information in the database, but believes it contains information on up to approximately 500 million guests who made a reservation at a Starwood property," the company said in a statement.

For about 327 million of the guests, it added, the information includes some combination of a name, mailing address, phone number, email address, passport number, Starwood Preferred Guest account information, date of birth, gender, arrival and departure information, reservation date, and communication preferences.

There are some customers who may have also had their credit card information taken.
Read more . . .


Tuesday, November 13, 2018

Uber Settles Data Breach Investigation for $148 Million


Uber will pay $148 million to settle a nationwide investigation into a 2016 data breach, in which a hacker managed to gain access to information belonging to 57 million riders and drivers. The breach included names and driver’s license numbers for 600,000 drivers.

The investigation, led by state attorneys general across the United States, focused on whether Uber had violated data breach notification laws by not informing consumers that their information had been compromised.
Read more . . .


Monday, April 30, 2018

This bill could weaken the protection of a credit freeze


If the bill becomes a law, it will offer weaker protections against identity theft, replacing stronger ones currently dictated by individual states. And, as if that were not enough, it would also provide service members an inadequate right to credit monitoring, while paving the way for Equifax and the other national credit bureaus to take over the credit scoring marketplace. 
Read more . . .


Wednesday, April 11, 2018

Breaches at Lord & Taylor, Saks, & MyFitnessPal

Was your information exposed in the latest data breaches at Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH, or Under Armour’s MyFitnessPal? If so, here are some steps to take.

 

https://www.consumer.ftc.gov/blog/2018/04/breaches-lord-taylor-saks-myfitnesspal?utm_source=govdelivery


Read more . . .


Tuesday, April 3, 2018

Fin7 Syndicate Hacks Saks Fifth Avenue and Lord & Taylor Stores


A "preliminary analysis" found credit card data was obtained for sales dating back to May 2017, according to the post.
Read more . . .


Tuesday, March 27, 2018

How much is your personal information selling for?



Tuesday, March 13, 2018

The New ID Theft: Millions of Credit Applicants Who Don’t Exist


Federal regulators are warning banks and other financial institutions about an expanding area of financial theft. With increasing regularity, thieves are creating identities out of thin air and running up balances on lines of credit using the phantom identities. It’s costing the financial industry billions, and presumably the costs are being passed on to customers

Read full article here.
Read more . . .


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