News

Thursday, April 4, 2019

Hundreds of millions of Facebook records exposed on Amazon cloud servers


A vast collection of data on Facebook users was exposed to the public until recently on Amazon's cloud computing servers, researchers have found.

UpGuard, a cybersecurity firm, 

Read more . . .


Friday, March 29, 2019

Wells Fargo CEO Tim Sloan steps down suddenly CNN Digital Rebranding 2014 Matt Egan


While Wells Fargo took steps to fix itself, including replacing senior executives and eliminating its controversial sales goals, new problems continued to emerge.
Beyond the fake-accounts scandal, Wells Fargo has admitted to charging Read more . . .


Tuesday, March 19, 2019

New federal law allows consumers to freeze credit


If you have accounts on your credit reports that you do not recognize, learn more at nyconsumerlaw.
Read more . . .


Friday, March 15, 2019

Equifax Was Aware of Cybersecurity Weaknesses for Years, Senate Report Says


A December 2018 report from the House of Representatives’ Oversight and Government Reform Committee Republicans blasted the company for its poor security practices, and the new U.S. Senate report does that once again, while also providing some more details on Equifax’ failures regarding the incident.
Read more . . .


Thursday, March 14, 2019

Equifax CEO testifies company took security seriously before its massive breach in response to scathing Senate report


The report also criticizes Equifax for not properly saving records of internal conversations about the breach. Employees used an internal chat service called Read more . . .


Friday, March 8, 2019

Getting Into the 800 Credit Score Club Is Tough—Staying in Is Tougher


Every couple of days, Mr. Quion eyeballs his score through the Bank of America app on his phone. He pays his credit-card bill weekly to goose his score, recently a respectable and creditworthy 746. 

Read more . . .


Thursday, February 28, 2019

Maxine Waters proposes consumer-friendly overhaul of credit reporting industry


The heads of the three leading credit reporting companies heard bipartisan criticism as Waters, the veteran Los Angeles Democrat, launched her first major legislative initiative as Read more . . .


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 . . .


Thursday, February 7, 2019

To Raise Your Credit Score, Start by Understanding It


The nuance in credit scores comes from the elements beyond simply paying what you owe on time, although there is less transparency with these other factors influencing your score. The second-largest part of your score’s makeup belongs to how much you owe.

 https://www.
Read more . . .


Tuesday, February 5, 2019

How To Find Out What's On Your Background Check


A background check isn’t just about criminal records anymore. There are many things that someone could be searching for, from your credit rating to whether you’ve ever been pursued by a debt collector.
 
According to the Consumer Financial Protection Bureau’s Read more . . .


Wednesday, January 30, 2019

Equifax wants judge to reject suits by banks


 

Even the big banks are suing Equifax for identity theft-related costs.  
 
The companies, which are based in 29 states, sued Read more . . .


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